More upside on Gold and Gold ETF
While Gold fell yesterday due to interest hike fears and China's economy.
I believe the Gold still has more upside.
Currently, looking at gold miners ETF. Believe that it might fall to support level ($26 area) and bounce back higher.
Aiming for around the $ 30 area..
However, should it break $26, I will exit my trade.
I believe the Gold still has more upside.
Currently, looking at gold miners ETF. Believe that it might fall to support level ($26 area) and bounce back higher.
Aiming for around the $ 30 area..
However, should it break $26, I will exit my trade.
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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.