Gold's Historic Milestone: 550-Day Rally Above Long-Term Average
Gold has been trading above its 200-day moving average for approximately 550 consecutive trading sessions—a striking feat in precious metals history. Only one period surpasses this: the roughly 750-day streak that followed the 2008 Financial Crisis.
What makes this current bull run noteworthy isn't just the duration. During these 550 sessions, gold prices have experienced meaningful appreciation, reflecting persistent safe-haven demand and evolving macroeconomic conditions. Such prolonged technical strength typically signals deep-rooted market conviction, often mirroring broader uncertainty across traditional asset classes and shifts in monetary policy expectations.
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SigmaValidator
· 9h ago
550 days already? Wow, has it really lasted this long... Even more intense than the 2008 financial crisis.
Gold's Historic Milestone: 550-Day Rally Above Long-Term Average
Gold has been trading above its 200-day moving average for approximately 550 consecutive trading sessions—a striking feat in precious metals history. Only one period surpasses this: the roughly 750-day streak that followed the 2008 Financial Crisis.
What makes this current bull run noteworthy isn't just the duration. During these 550 sessions, gold prices have experienced meaningful appreciation, reflecting persistent safe-haven demand and evolving macroeconomic conditions. Such prolonged technical strength typically signals deep-rooted market conviction, often mirroring broader uncertainty across traditional asset classes and shifts in monetary policy expectations.