Gold is getting close to the uptrend and strong support at the same time. The dollar index is slowly declining, but inflation remains high, so gold may well turn around from current levels and reach $2,000 within half a year or even earlier. I already have long position @ $1700 and I'll buy more @ $1670, if we ever reach that price. SL $1650, TP $2000. Risk to profit is more than good for me.
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.
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.