jherryPowell

Don't worry about the pullback, continue to be bullish

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar


The recent profits of gold are relatively huge. To achieve the gains of more than 500% that I told you before, gold currently has a pullback and the need to release risks, but don't worry too much, the pullback will continue to be bullish.

In addition to interest rates and the prospect of a recession, U.S. regional banks continue to be under heavy pressure after the failures of Silvergate, Silicon Valley, and Signature Bank.

The combination of upcoming low interest rates, worries about a recession, and demand for risk aversion has caused gold prices to jump to a record high.Gold prices have been rising since hitting a low of1,804 per ounce at the end of February, and a series of higher lows have supported this trend.The pullback in gold prices is likely to be temporary, and gold prices seem to be ready to retest historical highs and challenge further gains.

If you have doubts about the transaction in your opponent, or you don't know the direction, you can click on the link below to find me. I will help you and hope you can make more money in the future.
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