Gold prices have remained above their 200-day moving average for ~550 trading days, the 2nd-longest streak on record.
This is only below the ~750 trading sessions seen following the 2008 Financial Crisis.
During the current streak, gold prices have rallied +135%, surpassing the 2009–2011 gain of +91%.
By comparison, the 1986–1988 run lasted ~510 trading sessions, during which gold prices increased +38%.
Meanwhile, the 1978–1980 streak lasted ~495 sessions, with gold prices rallying +209%.
Gold's momentum remains historically strong.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Gold's historic run
Gold prices have remained above their 200-day moving average for ~550 trading days, the 2nd-longest streak on record.
This is only below the ~750 trading sessions seen following the 2008 Financial Crisis.
During the current streak, gold prices have rallied +135%, surpassing the 2009–2011 gain of +91%.
By comparison, the 1986–1988 run lasted ~510 trading sessions, during which gold prices increased +38%.
Meanwhile, the 1978–1980 streak lasted ~495 sessions, with gold prices rallying +209%.
Gold's momentum remains historically strong.