Gold prices have corrected exactly as we anticipated yesterday. At the time of writing, gold is hovering around $3,370 USD, showing little volatility since the start of the session.
Although the market is undergoing a short-term pullback, I still believe gold remains in a medium- to long-term uptrend. One key reason is the global shift away from the US dollar, with many countries increasing their gold reserves. Meanwhile, the USD is projected to weaken further in the long run. On top of that, if the Federal Reserve indeed begins to ease monetary policy, gold could break above the $3,400 level and potentially set a new record.
In addition, trendline support remains intact—if momentum picks up from here, the bullish trend may soon resume.
Although the market is undergoing a short-term pullback, I still believe gold remains in a medium- to long-term uptrend. One key reason is the global shift away from the US dollar, with many countries increasing their gold reserves. Meanwhile, the USD is projected to weaken further in the long run. On top of that, if the Federal Reserve indeed begins to ease monetary policy, gold could break above the $3,400 level and potentially set a new record.
In addition, trendline support remains intact—if momentum picks up from here, the bullish trend may soon resume.
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✅ Receive 7–10 high-quality signals daily for Forex, Gold, and Bitcoin
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
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✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.