Gold Rally Seeks Validation at $4600 While Anti-Fiat Momentum Continues
Gold’s Upward Momentum Continues Amid Currency Stagnation
Although uncertainty still dominates the markets, with the US Dollar and several other major currencies stuck in narrow trading ranges, gold has maintained a strong upward trajectory for nearly two years. While occasional corrections have occurred, these dips have often sparked a wave of pessimism among investors, who anticipated a return to previous price levels rather than expecting the rally to persist. Notably, since February 2024, the prevailing sentiment has shifted toward anticipating new highs for gold. Meanwhile, Bitcoin has surged past the 95,000 mark, signaling a significant breakout.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sequoia plans to fund Anthropic, defying the venture capital norm against supporting competitors: FT

Best Crypto to Buy: PEPE Consolidates, Etherna Pepe Stalls, While ZKP Targets 100x–10,000x

A 12-year Bitcoin OG is selling – But the market isn’t panicking

