GOLD: Hit Another All-time High!

XAUUSD Gold Traders
04-14

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$Gold - main 2506(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ Gold just hit another all-time high! Hit the key $3250 resistance again! It didn't break out effectively! Short-term sell order trades were once again profit-taking! But note: new highs in gold will continue to be made! Medium and long term trading is still dominated by buying trades!

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Gold Breaks Above $3300: Can This Rally Push Even Higher?
Gold prices have surged again, climbing back above $3,300. Over the past two weeks, gold has experienced a roller-coaster ride—after nearing its historical high of $3,500 earlier this month, prices plunged to a low of $3,123 on May 15, marking a 10% pullback, only to rebound back above $3,300 this week. Online debates are heating up over whether gold is "trapping investors at the top" and whether it's still a good buy. What’s your take? What’s your target price for gold this year? With gold rising and U.S. stocks falling, is gold better suited for swing trading in the current market?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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