Currently, the outlook for gold is positive, with a bullish trend. However, I anticipate a temporary pullback from 2045.26 - 2047.73. This presents an opportunity for me to consider buying positions before gold potentially reaches an all-time high.
On the other hand, the US dollar has a bearish outlook, having broken and retested the channel.
Furthermore, silver has broken and retested its channel and is currently on an upward trend. As expected, gold miners are also moving higher.
On the other hand, the US dollar has a bearish outlook, having broken and retested the channel.
Furthermore, silver has broken and retested its channel and is currently on an upward trend. As expected, gold miners are also moving higher.
Trade closed: target reached