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Gold
One platform for global traditional assets
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Hot
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$PIPPIN What the heck, it's not moving at all, just sideways trading, is it holding back a big move?
The current phase of lateralization is crucial. It can mean:
- Accumulation of positions by long-term investors.
- Reduction of selling pressure, stabilizing the price.
- Preparation for a breakout, which could lead to significant upward movements.
* In the short term, the currency seeks stability; in the medium term, there is room for consistent appreciation; and in the long term, there is the possibility of a strong recovery, approaching or even surpassing its last ATH as predicted by the above-mentioned price forecast.