Gold FuturesLong
GOLD FUTURES
Gold entered an ascending price channel since today, August 9, with the aim of completing the major price cycle (the red semicircle).
Within the major price cycle, there is a minor price cycle (the blue semi-circle) and it is approaching the end
So we conclude that gold is for buying, and every drop is just a correction, rather it is an opportunity to buy, and the first goal will be at the end of the small cycle of 1857
The second goal is the end of the 1904 Great Cycle
Within the major price cycle, there is a minor price cycle (the blue semi-circle) and it is approaching the end
So we conclude that gold is for buying, and every drop is just a correction, rather it is an opportunity to buy, and the first goal will be at the end of the small cycle of 1857
The second goal is the end of the 1904 Great Cycle
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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.