Gold has had quite a run for 2024, up over 25% year to date as this article is going to press in late-December. Will the advance continue in 2025? Or will the new year see a reversal for gold prices after 2024’s strong performance?
Gold Rising Trend Until Proven Otherwise
Gold is within a clear rising trend, which began at the 2022 low of $1,615 per ounce. According to the principles of technical analysis: “A rising trend is valid until proven otherwise.” In this article, we will examine the price levels which will show us that gold’s rising trend is still intact for 2025.
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