3 Spikes of Gold in the last 3 years
In the last 3 years the Goldprice hit 3 times an all-time high.
We see 3 spikes, and everytime Gold went down after it hit another record.
Lets take a closer look at the spikes
1. Spike - 5.08.2020
Gold reached 2075.282
Reason: Covid-19 peak
2. Spike - 08.03.2022
Gold reached 2070.630
Reason: Russia invaded Ukraine, biggest warfare in Europe since WWII
3. Spike - 04.05.2023
Gold reached 2067.00
Reason: Fear or Banking Sector collapse, after the collapse of SVB and Credit Suisse
We see 3 spikes, and everytime Gold went down after it hit another record.
Lets take a closer look at the spikes
1. Spike - 5.08.2020
Gold reached 2075.282
Reason: Covid-19 peak
2. Spike - 08.03.2022
Gold reached 2070.630
Reason: Russia invaded Ukraine, biggest warfare in Europe since WWII
3. Spike - 04.05.2023
Gold reached 2067.00
Reason: Fear or Banking Sector collapse, after the collapse of SVB and Credit Suisse
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.