XAUUSD - The rising momentum still shows no signs of stopping!
Hey everyone, what's your take on today's glittering gold market?
Gold continues its bull run into Tuesday, cruising around the $2356 mark, boasting an impressive surge of about $17, roughly equivalent to a 170 pip climb.
With gold having shattered its previous resistance levels, predicting its next move is more art than science, hinging largely on market dynamics.
Current trends are betting on gold's ascent, buoyed by geopolitical tensions, the Fed's rate cut whispers, and a softening dollar that's been on a downward trail recently.
I'm eyeing the $2400 mark as the next golden milestone—what about you? What are your prospects for the precious metal?
Gold continues its bull run into Tuesday, cruising around the $2356 mark, boasting an impressive surge of about $17, roughly equivalent to a 170 pip climb.
With gold having shattered its previous resistance levels, predicting its next move is more art than science, hinging largely on market dynamics.
Current trends are betting on gold's ascent, buoyed by geopolitical tensions, the Fed's rate cut whispers, and a softening dollar that's been on a downward trail recently.
I'm eyeing the $2400 mark as the next golden milestone—what about you? What are your prospects for the precious metal?
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