๐ For those asking about gold, silver, and oil, this is what I see
After the recent drop in gold and silver, as well as the strong decline in oil, many believe that this is the end of the rise and that the decline will continue.
However, in my opinion, as long as geopolitical tensions are still ongoing, they have not finished yet.
๐ I still see the possibility of gold returning to around 5400 and perhaps recording a new historic peak, while silver may return to the 95 โ 100 range.
As for oil, the current situation is filled with drama, so strong price fluctuations are expected to continue.
It is true that rising oil prices may support the dollar and put pressure on gold, but in times of war and uncertainty, gold remains the safe haven for investors.
๐ Therefore, I believe the current correction may just be a phase of accumulation from below before the next movement.
#OilPricesSlide
#GOLD
$PAXG $BTC
After the recent drop in gold and silver, as well as the strong decline in oil, many believe that this is the end of the rise and that the decline will continue.
However, in my opinion, as long as geopolitical tensions are still ongoing, they have not finished yet.
๐ I still see the possibility of gold returning to around 5400 and perhaps recording a new historic peak, while silver may return to the 95 โ 100 range.
As for oil, the current situation is filled with drama, so strong price fluctuations are expected to continue.
It is true that rising oil prices may support the dollar and put pressure on gold, but in times of war and uncertainty, gold remains the safe haven for investors.
๐ Therefore, I believe the current correction may just be a phase of accumulation from below before the next movement.
#OilPricesSlide
#GOLD
$PAXG $BTC