Gold needs one thing to hit $5,000 [Video]

Kathy Lien BKTraders and Prop Traders Edge

Gold is ripping higher. Up nearly 10% this month, the breakout has officially invalidated the downtrend.

But can Gold actually reach $5,000? 🥇

There are a few major hurdles first:

$4,500 is the key psychological level
The US dollar remains one of the biggest drivers
And this week’s US inflation report could change everything

In this video, I break down the Gold chart, the key levels I’m watching, and what would need to happen for $5,000 Gold to become realistic.

Author

Kathy Lien

BKTraders and Prop Traders Edge

Having graduated New York University’s Stern School of Business at the age of 18, Ms. Kathy Lien has more than 13 years of experience in the financial markets with a specific focus on currencies.

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