ArmanShabanTrading | XAU/USD : Breaking Records – $4K Target Loading…

[Arman Shaban]

By analyzing the gold chart on the 1-hour timeframe, we can see that nothing seems to be stopping its series of new record highs — it almost feels like the $4,000 target isn’t too far away! Every small correction in gold is simply gathering more liquidity and demand to push toward higher levels. At this very moment, gold has printed a new ATH at $3,734, and I expect the rally to continue. The next possible upside targets are $3,740, $3,780, and $3,800.

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Best Regards , Arman Shaban

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