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𝙏𝙤𝙠𝙚𝙣𝙞𝙯𝙚𝙙 𝙍𝙒𝘼𝙨 𝙟𝙪𝙨𝙩 𝙘𝙧𝙤𝙨𝙨𝙚𝙙 $21𝘽 𝙞𝙣 𝙏𝙑𝙇.
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Long-term forecasts vary — $2–4T by McKinsey, up to $16T per Boston Consulting Group, but directionally, the slope is clear.
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Gold hits a new high again
Yesterday below 5100, this morning it surged directly to 5600
Many people have been hesitant to enter in recent days
But starting from 4580, using the RSI indicator strategy I shared for short-term trading every day, I have been profitable daily. Pullbacks are opportunities, small pullbacks are also opportunities because there hasn't been a major correction yet.
⚠️⚠️⚠️ Bitcoin and Ethereum long positions have also been quite profitable these past two days. Currently, Ethereum is supported at the 2955-2980 range. If it breaks below this zone, go short immediately; if it doesn't break, go long within this range.
The international situation remains turbulent. How high can gold rise?