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Gold Hits New High Again
I've been analyzing gold these past few days
Buying when RSI enters the oversold zone; this method has been shared continuously these days
Stablecoin XAU, following this method, has been consistently profitable these days
Another factor influencing gold trends is ➕
A few days ago, I shared that 1. Geopolitical conflicts 2. Federal Reserve interest rate cuts or hikes 3. Central banks buying or selling, and adding one more: Trump is still the president
If these supports do not reverse, gold will continue its bull market, but some pullbacks are normal. If a pullback occurs this week, it’s likely a better buying opportunity
In the crypto world, it’s currently temporarily out of favor; just wait for the bloom!