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Friday, March 29, 2024

Gold Up Most In 3 Months, Spikes Above Key Technical Level

Courtesy of ZeroHedge. View original post here.

Gold continues to shine in the post-Saudi-coup world….

And the precious metal just broke above its 50-day moving average, after bouncing off its 200-day on Tuesday.

This is gold’s best day in 3 months…

Gold is gaining as the dollar index slumps to near 1-month lows…

Of course, it’s USDJPY that really matters (and it just broke below 112.00)

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