We had a volatile day yesterday, with gold prices skyrocketing from 2275 to a new peak of 2305. Today continues to be an important day with news that could trigger a price correction. While gold is not typically a top choice for technical analysis, it is currently approaching the top of the price channel. However, we also know that gold is always a sought-after asset for investment and storage, continuing to drive prices up.
So I set my next target for gold at the new price level - 2320.
Please share your thoughts or opinions, I always look forward to hearing from you.
So I set my next target for gold at the new price level - 2320.
Please share your thoughts or opinions, I always look forward to hearing from you.
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