🔸Gold continuously reaches new ATH in the context of the entire G10 currency group depreciating simultaneously and the USD beginning to decline
🔸This upward trend is driven by the weakening of the USD and escalating geopolitical instability in the Middle East and Ukraine. The central banks' aggressive accumulation and the flight from traditional currencies are causing gold prices to rise faster and stronger than ever before
🔹It is expected that gold could reach an ATH of 5300$ this week if news and the decline of the USD continue to support this upward trend
XAUUSDT
Perp
5,162.35
+2.35%
XAGUSDT
Perp
110.92
+3.61%
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