Gold hits another record. Analyst says it's boosted by momentum and trade war.
Gold futures reached a new record high on Friday and recently was up 0.7% to $3,081.50 an ounce. Analysts at Saxo Bank said gold is "supported by momentum and continued demand from investors seeking protection against an economic fallout from an escalating trade war.
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10dOpinion
Gold's recent price surge to 3000+ aligns with the bullish Cup pattern, as it has now registered our long-standing target.
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