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Illya Gerasymchuk
Entrepreneur / Engineer

๐Ÿคฏ Gold may just go straight to $3500 in the next few hours #2

Look at this 15-minute timeframe momentum โฌ‡๏ธ

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sooooโ€ฆ new gold ATH next week?

look at gold's price chart with weekly candles - it's unbelievable ๐Ÿคฏ

gold is going up like a risky asset - but it in fact is a reflection of risk

now it looks like a breakout from another consolidation phase ๐Ÿ“ˆ

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all eyes on gold futures ๐Ÿ‘€

COMEX gold futures trading open in 13h

markets are closed now, but blockchain never sleeps

on-chain gold-backed token futures may give you a heads-up - they're up โ‰ˆ1.3% from yesterday

interesting to see gold moves after open

spoiler: higher price

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gold's behavior during the current 'bullrun' has been consistently to flip previous week's resistance to new support

in the chart - the green vertical lines are weekly levels

gold's current price action suggests it's flipping another resistance for support

Road to $3500 ๐Ÿš€

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btw here I'm looking at PAXG (Paxos Gold) token

essentially, a 1:1 gold-backed ERC-20 token

there is also XAUT from Tether

whenever TradFi markets are closed - it's your go-to for alpha insights

can't believe that in 2025 there is still such a thing as market closure ๐Ÿคฏ

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