Gold on the verge, geopolitics in favor
Updated
Current uptrend with higher lows but stable resistance might be a strong buildup before expected bigger brakeout.
Geopolitical situation in the world with messy and fresh issues are in favor of higher gold prices. It will probably very rapid, 1370-1380 resistance test but I'm thinking about more rapid way just through it and then way to all time highs are opened but might take rest of the year.
Strong geopolitical news is necessary. Although it won't be anything positive for overall market.
Geopolitical situation in the world with messy and fresh issues are in favor of higher gold prices. It will probably very rapid, 1370-1380 resistance test but I'm thinking about more rapid way just through it and then way to all time highs are opened but might take rest of the year.
Strong geopolitical news is necessary. Although it won't be anything positive for overall market.
Comment
Bigger picture: tradingview.com/chart/3S3fnAE3/Comment
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.