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eyeofkronos
Dec 6, 2023 2:28 PM

XAUUSD OAK Gold's New All-Time-High and Intraday Forecast 

GOLD / U.S. DOLLARICE

Description

Gold's price rose back to it's all time high value last Friday December 1st, then broke the ceiling on December 4th, at the Asia markets and week's opening. In a flashing escalade that lasted less than one hour, rocketing 77 dollars up from 2070, the price claimed a new ATH price at 2147 US dollars per pound.

The correction followed since. We are looking now at the continuation of this berish move, and here I offer some morning doodles for today.

Gold is going to continue up in the larger trend, and not just for this years closing. It's just a matter now of finding our how deep a retracement could reach. It might be still soon for doing that accurately.
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