Break out 1960, gold found a new peak

Güncellendi
The 1960 trend was not strong enough to hold back gold's rise.

Chairman Powell's speech, 10-year US Treasury yields eased from multi-year highs set near 5% and allowed XAU/USD to find support. making gold looking to peak 2000 soon.

Gold prices (XAU/USD) have gained strong positive traction to their highest level since early August, around the $1,962-1,963 area amid the risk of escalating conflict in the Middle East.

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Break out 1962. Forming an uptrend
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