BTC $63,868.00 ▲ 1.60% ETH $1,871.90 ▲ 1.30% USDT $0.9991 ▲ 0.02% BNB $590.30 ▲ 0.63% XRP $1.08 ▲ 0.67% SOL $73.74 ▲ 1.59% DOGE $0.0703 ▲ 0.77% SHIB $0.00000499 ▲ 2.80% PEPE $0.00000289 ▲ 0.45% BTC $63,868.00 ▲ 1.60% ETH $1,871.90 ▲ 1.30% USDT $0.9991 ▲ 0.02% BNB $590.30 ▲ 0.63% XRP $1.08 ▲ 0.67% SOL $73.74 ▲ 1.59% DOGE $0.0703 ▲ 0.77% SHIB $0.00000499 ▲ 2.80% PEPE $0.00000289 ▲ 0.45%
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Piyasa Stablecoin

GOLD BUYING SEASON IS VERY CLOSE

GOLD BUYING SEASON IS VERY CLOSE

Gold OANDA:XAUUSD

Gold has been selling for months now. The daily and weekly are consolidating between $3 963 and R4 180 with a compression seen in recent weeks between $4 120 and $3 990. July candle closed indecisively but this has been the only green candle in a number of months.

I am looking for buys below $4 100, preferably as low as possible. Because of the consolidation for a number of weeks, we may expect a $400+ movement on Gold in the coming weeks. Will it try reclaiming the higher prices or the bears are not done selling off the precious metal?

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