I am presently anticipating the possibility of gold surpassing the 1940 mark. Once it achieves this, gold's upward momentum is expected to intensify. Today at 1:30 PM, we have the CPI data, so let's observe the outcome.
Gold has successfully broken out of a bullish flag pattern, and I predict a retracement to the flag's lower boundary, followed by a further upward movement. This will allow gold to reenter the channel and continue its bullish swing.
Gold has successfully broken out of a bullish flag pattern, and I predict a retracement to the flag's lower boundary, followed by a further upward movement. This will allow gold to reenter the channel and continue its bullish swing.