This is obviously not good for the broad market. However, it's a promising sign for the ones who still trust in gold and other precious metals.
If you want a nice entry, wait for some consolidation, because the daily RSI is overbought. Buying here could be riskier than usual.
Resistance: 180,35 (61,8% Fib retracements from the highs)
Support: 174,89
Price target: 183,67
If you want a nice entry, wait for some consolidation, because the daily RSI is overbought. Buying here could be riskier than usual.
Resistance: 180,35 (61,8% Fib retracements from the highs)
Support: 174,89
Price target: 183,67
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