XAUUSD: The Year of the Bulls 🐃
The last month or so has been a bullish infused few weeks for the precious metal gold, having surged above the 2000 level late last year with a spike up to 2140 and then settling down for the remainder of 2023 whilst initially being calm in Q1 price volume started to pick up in late february where it has since scaled to new all time highs with no precedence of any slow down occurrence.
NFP (Non Farm Payroll) finished the week with a bang pushing price into new territory at 2336 where it sits at this moment, with a little correction looming it is likely that xauusd will continue its ascent into the next quarter section.
The last month or so has been a bullish infused few weeks for the precious metal gold, having surged above the 2000 level late last year with a spike up to 2140 and then settling down for the remainder of 2023 whilst initially being calm in Q1 price volume started to pick up in late february where it has since scaled to new all time highs with no precedence of any slow down occurrence.
NFP (Non Farm Payroll) finished the week with a bang pushing price into new territory at 2336 where it sits at this moment, with a little correction looming it is likely that xauusd will continue its ascent into the next quarter section.
