DU09

XAU/USD - This Bullet Train Won't Stop! ATH soon!

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold moved to $2,000 today in less than two weeks since my last post which highlighted the massive breakout from the pennant in blue.

Looking at this price action, it is unlikely anything can stop price from moving higher. The next key resistance will be found at the all-time high which sits at $2,075.

Likely for Gold to reach this level fairly soon and considering world events, even if it will have a short pullback, this train will just continue up.

2022 may become a very bullish year for Gold. Indicators turning bullish on monthly. This things will fly.

Gold may become the last refuge in a very volatile market.

Stay safe.

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