Contributors Technical Analysis Gold Shoots Past $2000

Gold Shoots Past $2000

The precious metal continued with its bullish onslaught on Wednesday. After breaking the $2000 threshold earlier, gold prices continued higher.

Intraday prices saw gold rising toward the 2050 level before making a modest pullback.

The gains in the precious metal come in tandem with equity markets also trading in the positive.

For the moment, the next key level might very well be the $3000 handle if the momentum holds up.

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