Gold continues the journey to find a new peak!

Gold has soared to another record high at the start of April, powered by expectations of US rate cuts and its status as a secure investment, now hovering around $2255 USD. The anticipation of the Federal Reserve's policy easing, expected as soon as May or June, has been a significant catalyst for gold's rise. Central banks' strong purchasing, aimed at diversifying reserves amid geopolitical tensions and a weak US dollar, has also fueled this uptrend. The consensus is that gold, thriving in a favorable environment, is set to break more records soon.

Trade closed: target reached

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