GOLD – Entering a Power Phase Toward All-Time Highs
XAU/USD is showing a clear bullish continuation pattern after holding strong above the $2,360 support zone. With the DXY breaking down, real yields slipping, and central banks continuing record purchases, gold remains in a perfect storm setup for further upside.
XAU/USD is showing a clear bullish continuation pattern after holding strong above the $2,360 support zone. With the DXY breaking down, real yields slipping, and central banks continuing record purchases, gold remains in a perfect storm setup for further upside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.