Gold and silver have reached new highs simultaneously, and U.S. stocks are experiencing a strong rebound, just one step away from a new phase high.
The precious metals market is once again making a strong push in the Asian session. In the early morning video, it was mentioned that the key price levels for gold (XAU) are 4439 and 4450, which are the core nodes for bulls in the short term. Once broken, the upward trend will continue.
The market after the opening has replicated yesterday's performance, with a straight rise without any pullbacks. Although there wasn't an opportunity to enter long positions during a retreat, the price started from 4439, successively broke through 4450, and surged to 4490, with the right-side breakout allowing for a maximum profit of 50 points!
Personally, I have been holding long positions since stabilizing at 4420 yesterday. In front of the key round number, I still maintain a steady approach, and the next focus is on the performance of breaking through 4500!
