XAUUSD last 10 days it's up 7000 so ₹700 each day. Similar thing happened when tariffs were first announced. From 86k it went to 96k for several straight it kept going up until 100000 and coming back all the way to 92000
GOLD market is already discounting today's pmi manufacturing report. Forecast is it'll remain same but it can surprise everyone with a growth. Which i think market has already sensed. Intraday shorts can work but in long term there is still time for bearish trend.
XAUUSD Good morning guys! After the breakout, gold has been rallying nonstop without any meaningful retracement. Though it showed signs of exhaustion yesterday, it once again skyrocketed before slipping into a full day of consolidation. Today, it’s carrying the same momentum trading in heat and now approaching another major inflection point at 3515–20. This zone is expected to be highly reactive. Brief later. Trade safe .