For the first time in history, gold futures have surpassed $5,100 and silver has set a new record of $105.
Why this change?
Amid geopolitical tensions and fears of conflict between Iran and the United States, investors are gravitating towards gold and silver as safe assets. On the other hand, $BTC is behaving as a risk asset and its price is slightly declining due to major institutions taking profits. The safe haven flow is primarily going towards precious metals.
Trade $XAU $XAG $BTC
Target gold 5200 silver 110
#GoldRecord #SilverATH #BTCUpdate #MarketAnalysis #SafeHaven #XAU #XAG
Why this change?
Amid geopolitical tensions and fears of conflict between Iran and the United States, investors are gravitating towards gold and silver as safe assets. On the other hand, $BTC is behaving as a risk asset and its price is slightly declining due to major institutions taking profits. The safe haven flow is primarily going towards precious metals.
Trade $XAU $XAG $BTC
Target gold 5200 silver 110
#GoldRecord #SilverATH #BTCUpdate #MarketAnalysis #SafeHaven #XAU #XAG