Gold has been in undisputed bullish trend. There were some days of consolidation at the beginning of the past week. I almost thought there were some serious corrections ahead. However, it quickly went up at the last two days of the week.
Currently in 2W TF, gold is in its third wave, which is normally the longest. There is no sign of slow down of bullish trend at this moment. I am expecting continuous rising in the next two weeks.
For next week's trading strategy, I am looking to buy from 3055, targeting to 3178.
Let's see how the market plays out next week.
Currently in 2W TF, gold is in its third wave, which is normally the longest. There is no sign of slow down of bullish trend at this moment. I am expecting continuous rising in the next two weeks.
For next week's trading strategy, I am looking to buy from 3055, targeting to 3178.
Let's see how the market plays out next week.
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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.