Gold: Weekly Forecast 24th - 28th February 2020
I left the gold chart almost unchanged from early February.
The price movement turned out almost like what I've forecast - a quick pullback and then a new bullish trend to send the price to a new high.
This is the power of how repeating pattern is and how you can make great trading decisions.
As of current, the gold is expected to continue climbing this week.
There will be a short and small pullback and the price will continue to break new high before you realise.
So stay alert this week and try entering small buy positions as the price pulls back.
The price movement turned out almost like what I've forecast - a quick pullback and then a new bullish trend to send the price to a new high.
This is the power of how repeating pattern is and how you can make great trading decisions.
As of current, the gold is expected to continue climbing this week.
There will be a short and small pullback and the price will continue to break new high before you realise.
So stay alert this week and try entering small buy positions as the price pulls back.
Related publications
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.