šØ Gold is igniting again! š„
Gold continues to move strongly as economic fears escalate and discussions of a potential global slowdown increase.
Investors are returning to safe havens⦠and gold is in the spotlight. š”
š What are we watching now?
⢠Stability of the price above key support areas
⢠Movement of the US dollar
⢠Yields on US bonds
⢠Any surprising statements from the Federal Reserve
š” Historically, when anxiety increases in the markets, capital tends to flow towards gold as a hedge against inflation and uncertainty.
Are we facing a new wave of rise?
Or just a temporary rebound before a deeper correction? š
$XAU $GOUT