Hi Guys!
As we see on this 1 D chart of GOLD, the giant C&P formation is breaking out now. I guess a new multi-year bull cycle is here.
Although I think it will one more time try to retest the 1300 areas as it was strong resistance and should have become new support.
This will be the last buying opportunity for GOLD.
Let's see...
Happy trading!
*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
As we see on this 1 D chart of GOLD, the giant C&P formation is breaking out now. I guess a new multi-year bull cycle is here.
Although I think it will one more time try to retest the 1300 areas as it was strong resistance and should have become new support.
This will be the last buying opportunity for GOLD.
Let's see...
Happy trading!
*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
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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.