GOLD IS BACK. AND IT'S HUNGRY. 🚨
Pepperstone's Head of Research Chris Weston just dropped this:
"Gold has returned firmly to traders' attention The big money is moving.
What just happened:
BREAKOUT: Gold smashed out of a 6-week consolidation range
NEW TEST: Now knocking on $4,400/oz
BULLS IN CONTROL: Decisive buying above July highs
CROWD CONFIRMED: 60% of all gold positions are LONG right now
Silver is running too.
Why now?
Geopolitics + Oil surge + Inflation fears = Perfect storm for precious metals.
This is not a small bounce. This is a momentum shift.
Question is: Did you catch it... or will you chase it?
Comment "GOLD" and I'll DM you my 3-level plan for trading this breakout 👇
#Gold #XAUUSD #Silver #PreciousMetals #Trading #Pepperstone #ChrisKline Weston #Markets #Binance
