Gold is trading at the upper extreme of its regression channel since it broke down in April 2013.
Deduce what you will based on your own trading strategy, some may view this as a potential break-out, others might play the mean-reversion.
I'm agnostic for
DXY related reasons, so I will watch closely.
Deduce what you will based on your own trading strategy, some may view this as a potential break-out, others might play the mean-reversion.
I'm agnostic for
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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.