MaDLabbit
02-04 18:54
$XAU/USD(XAUUSD.FOREX)$  $SPDR Gold ETF(GLD)$  Gold fell sharply from it's all time high, found support and quickly rebounded, it show there are many bargain hunters which try to snap up at the pull back. Jewelry shop & bullion shop see a influx of customer. Gold needs to stay above $5000 to keep the bull momentum intact. As long as trump continue to be president then gold will continue to perform well. It will hit $10000 before trump terms end. What do you think?
Gold Rebounds Strongly! Is the Bull Market Back on Track?
After two days of sharp selloffs, gold and silver staged a strong rebound. Spot gold climbed back above $4,800/oz, rising more than 3% intraday, while silver surged 5% to reclaim the $83 level. The bounce comes amid extreme volatility across risk assets, as investors reassess positioning after forced liquidations and margin stress earlier in the week. Is this rebound signaling a renewed rally? Or are gold and silver still vulnerable to further volatility ahead?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment