Since we posted the analysis on Gold - it smashed through the psychological $3,000 level and has been rallying since.
We did have the normal correction where liquidity was tested at $3,000, but clearly there was more buying than selling.
Now, we can expect gold to continue up for a number of reasons.
🏆 Why Gold Is Rising (and Could Climb More)
1. ⚔️ Geopolitical Tensions
Middle East conflict and global unrest drive safe-haven demand.
2. 💵 Weaker Dollar Boosts Gold
A falling U.S. dollar makes gold cheaper for global buyers.
3. 📉 Lower Real Yields
If bond yields drop or inflation stays high, gold becomes more attractive.
4. 🏦 Fed Rate Cut Hopes
Traders expect the Fed to cut rates later this year, lifting gold prices.
5. 🛡️ Central Bank Buying
Global central banks are loading up on gold to diversify reserves.
ANd technically, we had the restest and now it's on the way back to the $3,3337 what a power number. Your thoughts?
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
We did have the normal correction where liquidity was tested at $3,000, but clearly there was more buying than selling.
Now, we can expect gold to continue up for a number of reasons.
🏆 Why Gold Is Rising (and Could Climb More)
1. ⚔️ Geopolitical Tensions
Middle East conflict and global unrest drive safe-haven demand.
2. 💵 Weaker Dollar Boosts Gold
A falling U.S. dollar makes gold cheaper for global buyers.
3. 📉 Lower Real Yields
If bond yields drop or inflation stays high, gold becomes more attractive.
4. 🏦 Fed Rate Cut Hopes
Traders expect the Fed to cut rates later this year, lifting gold prices.
5. 🛡️ Central Bank Buying
Global central banks are loading up on gold to diversify reserves.
ANd technically, we had the restest and now it's on the way back to the $3,3337 what a power number. Your thoughts?
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。