Gold is extending massive gains and at the moment bullion is gaining more than 2.66% intraday. What's more, gold broke above the psychological barrier of $1,900 per ounce today, and is now testing the upper limit of the medium-term downtrend channel marked on the chart below.

Gold is seeing its biggest weekly gains since March of this year. Source: Bloomberg Finance L.P.

Źródło: xStation5
Three markets to watch next week (09.02.2026)
Geopolitical Briefing (06.02.2026): Is Iran Still a Risk Factor?
Silver surges 5% 📈
Morning wrap: Tech sector sell-off (06.02.2026)