Gold Price Forecast: XAU/USD to see an additional major rally on a break above $1,877 – Credit Suisse Gold XAUUSD Banks
“Gold remains well supported in the converging range of the past year but needs to clear $1,854 to suggest the downtrend from early 2021 break and above $1,877 to suggest we are seeing a more sustainable move higher, for a test of $1,917 next.”
“Only below $1,691/76 though would see a major top established to mark an important change of trend lower.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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