DislikedHi, hope everyone had a good rest the weekend, and that this week will be prosperous. I am surprised that (almost) nobody here expects Gold to re-test 2000 (though it never touched)? I do expect this, due to the demand, but I could be very wrongIgnored
Looking at the monthly chart though, when gold was at this similar price in mid 2020 (as I said earlier in this thread I think), then it dropped again. This is why I think if it reaches 2000 it won't go much higher than that and will go down.
Right now I'm not trading myself and waiting for the right time to make moves, atm I'm not so confident making a position.
Again anything can happen in the markets and I could be 100% wrong in everything here haha, just sharing my thoughts! =)
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