Gold exploded higher again on Monday, climbing to $3,413, a new all-time high. The uptrend remains unstoppable for now:
🚀 Price is up nearly +2.6% on the day
📈 Strong support from rising trendline and 50-day SMA
📊 MACD is accelerating, signaling strong momentum
⚠️ RSI has entered overbought territory at 76.83, but no bearish divergence yet
The trend is your friend – and for now, bulls remain firmly in control. Traders eye $3,500 as the next major psychological milestone, while any pullbacks may find support near $3,300 or the trendline.
🚀 Price is up nearly +2.6% on the day
📈 Strong support from rising trendline and 50-day SMA
📊 MACD is accelerating, signaling strong momentum
⚠️ RSI has entered overbought territory at 76.83, but no bearish divergence yet
The trend is your friend – and for now, bulls remain firmly in control. Traders eye $3,500 as the next major psychological milestone, while any pullbacks may find support near $3,300 or the trendline.
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