Thu, 07 Mar 2024 16:10:19 GMT
Gold surges despite breaking pattern
Gold broke the ascending pattern, as the price was consolidating sideways. However, the surge has resumed and the commodity has reached the 2,160.00 level. It is clear now that round price levels impact the metal.
By large, until something changes fundamentally in the US monetary policy, it is unlikely that the surge would end. In general retracements occur, price