XAU/USD All Time High!

[⭐ Peter]

 

 

Quote

XAU/USD is the label for spot gold traded on the foreign exchange market. Gold (XAU) is traded against the US dollar (USD), and its price represents the cost of one ounce of gold in USD. XAU/USD is traded on the forex marketplace like any traditional currency pair.

forex.com

 

So, after gold this year had already hit its ATH in basically all other currencies, finally it hit it also in USD terms. (I thought this news would deserve opening a new thread, as some sort of celebration 😀)

In the past gold had surpassed 4 times the 2000$ resistance barrier, but only in order to get pushed back down shortly thereafter. Let's see whether this time that 2000$ barrier will become support, acting as a floor for the next big rally!

[maspluto]

Analytical skills are a crucial factor in forex trading. As a trader, it's essential to continuously develop these skills to accurately analyze the market and benefit when trading with Tickmill as the broker.

[⭐ Peter]

3 hours ago, maspluto said:

Analytical skills are a crucial factor in forex trading. As a trader, it's essential to continuously develop these skills to accurately analyze the market and benefit when trading with Tickmill as the broker.

Thank you Tickmill 😀

 

Gold Spikes To Record High Over $2,130

 

 

17 hours ago, Peter said:

In the past gold had surpassed 4 times the 2000$ resistance barrier

4 times... or maybe only 3... 😀

 

 

 

 

 

 

[uncle gober]

The ability to analyze is a crucial factor in forex trading. That's why I consistently develop my analytical skills regularly. This way, I can grow and effectively analyze the market with Tickmill as my broker in the future.