Buy XAGUSD
Make your own decision I choose to scalp it personally when it starts to retrace, or you can just place the trade and swing it. I believe that the continuous inflation on the US dollar is steadily going to drive gold and silver up. However, the recent retracement will likely vanish soon when another round of economic stimulus funding comes. Hope the trade goes well :-).
Note
Bounced Off Fibonacci. Monitor the Fibonacci linesNote
Monitor closely around points 24-24.4Note
If you want to trade gold using this anywise it would probably work I'm going to release XAUUSD analysis tomorrow.
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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.