Howdy Traders,
Gold is heavily bearish, but, technically, one leg up a bit past the recent high is needed at the moment for sellers to collect the required momentum to drive price even further downwards.
So gold is presently bullish but bearish long-term.
Trade well and take care.
Gold is heavily bearish, but, technically, one leg up a bit past the recent high is needed at the moment for sellers to collect the required momentum to drive price even further downwards.
So gold is presently bullish but bearish long-term.
Trade well and take care.
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.
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.