Illya Gerasymchuk profile photo
Illya Gerasymchuk
Financial & Software Engineer

this just adds further validity towards the consolidation before further upside for gold

User Illya Gerasymchuk -

2025-08-08 19:58

this just adds further validity towards the consolidation before further upside for gold

i've shared these gold charts since the beginning, while incorporating new trends as they emerge

the price action has supported this throughout. notice the strong multi-trend support

this just adds further validity towards the consolidation before further upside for gold
User

gold tariffs put further upside pressure for gold towards a new all time high on spot

this is in addition to the global monetary, geopolitical and fiscal positive price pressures

a significant part of the markets will be closed for the weekend. there could be a gap on reopen