Would you start selling gold with this stock rally underway?

FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
As you may have heard, the Federal Reserve recently announced that they would be pausing rate hikes for the time being, with the potential for a boost later in the year. This news has had a significant impact on the gold market, as the US dollar continued to drop, which in turn raised the price of holding gold.

Despite this, gold has been range-bound over the last month and has seen little support. As such, I would like to encourage you to consider selling some gold at this time. While it can be difficult to part with an asset, it is important to consider the current market conditions and make informed decisions.

By selling some gold now, you may be able to capitalize on the current market conditions and potentially maximize your profits. Of course, it is important to consult with a trusted financial advisor before making any significant decisions.

Join us as at

Get ALL our News our Telegram Channel


Learn TradingView

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.