Break out 1960, gold found a new peak
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The 1960 trend was not strong enough to hold back gold's rise.
Chairman Powell's speech, 10-year US Treasury yields eased from multi-year highs set near 5% and allowed XAU/USD to find support. making gold looking to peak 2000 soon.
Gold prices (XAU/USD) have gained strong positive traction to their highest level since early August, around the $1,962-1,963 area amid the risk of escalating conflict in the Middle East.
Plan Trading will update soon
Chairman Powell's speech, 10-year US Treasury yields eased from multi-year highs set near 5% and allowed XAU/USD to find support. making gold looking to peak 2000 soon.
Gold prices (XAU/USD) have gained strong positive traction to their highest level since early August, around the $1,962-1,963 area amid the risk of escalating conflict in the Middle East.
Plan Trading will update soon
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