Hello everyone,
please use this chart to verify a great entry for
GOLD during december.
The key zone, which is also our entry, is located at $1750.00. I'm expecting the price to reach this level
during the current sell-off or after 3-4 weeks of accumulation. The price is also at the MA200 & Oversold on the RSI.
We've seen this at the peak of the COVID19 pandemic already and as you can see,GOLD resumed the uptrend and bounced of the Moving Average.
GOLD performed great during this year and is up 18%. Therefore we might see fundmanagers taking profit at the end of december,
which is a great opportunity to make some proper gains throughout 2021.
cheers,
AREABI
please use this chart to verify a great entry for
GOLD during december.The key zone, which is also our entry, is located at $1750.00. I'm expecting the price to reach this level
during the current sell-off or after 3-4 weeks of accumulation. The price is also at the MA200 & Oversold on the RSI.
We've seen this at the peak of the COVID19 pandemic already and as you can see,
GOLD resumed the uptrend and bounced of the Moving Average.GOLD performed great during this year and is up 18%. Therefore we might see fundmanagers taking profit at the end of december,which is a great opportunity to make some proper gains throughout 2021.
cheers,
AREABI
Trade active
as plannedNote
Everything worked out perfectly :-)
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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.