Gold Price Didn’t Peak Yet, But Something Else Did…

From goldpriceforecast.com

The price of gold soared once again yesterday, but there are important signs suggesting that this rally is close to being over. The current action in the precious metal sector continues to be determined by the increasing concern/interest in war, so that’s what I’m going to start today’s chart analysis with. The below chart features the interest in war in Google News in the U.S. The current situation is analogous to what we saw right before and right after the Russian invasion in 2022. Now, since the market generally “buys the rumor and sells the fact”, gold is rallying primarily based on increasing fear or ... (full story)