elephantsinnternationalltd
GOLD IS HEADING TOWARDS NEW HIGH AS WE GET INTO NEW YEAR
key points
- Oscillators are below 40
- Tripple Tops are already formed
- Gold is in strong uptrend
Gold prices are headed towards a new high this year, with analysts predicting that the metal will hit 1850 an ounce by the end of the year. This is a significant increase from the current price of $1,800 an ounce, which is near the all-time low set in 2018.
Source:calibremarketsmt5
There are several reasons for this trend. First, the global economy is doing well, which is translating into increased demand for gold. But weirdly US is still strong.
XAUUSD quotes by TradingView
calibremarkets.africa/index.php/2022/12/22/gold-is-headin...
GOLD IS HEADING TOWARDS NEW HIGH AS WE GET INTO NEW YEAR
key points
- Oscillators are below 40
- Tripple Tops are already formed
- Gold is in strong uptrend
Gold prices are headed towards a new high this year, with analysts predicting that the metal will hit 1850 an ounce by the end of the year. This is a significant increase from the current price of $1,800 an ounce, which is near the all-time low set in 2018.
Source:calibremarketsmt5
There are several reasons for this trend. First, the global economy is doing well, which is translating into increased demand for gold. But weirdly US is still strong.
XAUUSD quotes by TradingView
calibremarkets.africa/index.php/2022/12/22/gold-is-headin...