Complicated Gold Scenario
Gold might be preparing for a complex corrective wave that means the buying area will be near 1740/1748 levels.
don't get me wrong this scenario might not happen and we might see a surge in gold from current levels but you need to calculate the risks of a possible pullback.
1856 is a medium term target with current uncertainty in the capital markets- inflation- stagflation and earnings season.
don't get me wrong this scenario might not happen and we might see a surge in gold from current levels but you need to calculate the risks of a possible pullback.
1856 is a medium term target with current uncertainty in the capital markets- inflation- stagflation and earnings season.
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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.