GOLD: The Bullish Movement Remains Intact - GOLD is Still Strong

2月10日

GOLD: The Bullish Movement Remains Intact - GOLD is Still Strong

In our previous analysis, we observed that gold consistently respected the red zone marked on the charts. The low was reached at 2834, but as I explained, the bullish trend remains strong and intact. Today, the market pushed the price above the red zone, reaching a new all-time high of 2900.

The bullish movement is influenced by speculations surrounding Trump, but I believe it is more closely related to the actions of central banks, which have been increasing their gold reserves significantly. In January, these reserves saw a substantial rise. Consequently, gold may continue to rise further.

You may find more details in the chart!
Thank you and Good Luck!

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2月11日

交易結束：目標達成

GOLD - all targets reached:)