Gold- Strong volatility, no trend change though

16. Aug.Yesterday was another highly volatile day for Gold. After initially breaking above the 2460 resistance and reaching a high of around 2470, the price dropped sharply to a low of 2433. Following an hour and a half of intense fluctuations, the price settled in the middle of the range.

Despite these strong moves, the overall trend remains bullish, and I still anticipate a new all-time high and a break above 2500. However, this scenario could be delayed if there is a daily close below 2430.

16. Aug.

Trade ist aktiv

This time Gold has a genuine break back above 2460.
2500, here we come

16. Aug.

Trade geschlossen: Ziel wurde erreicht

2500 touched:)