Gold Rush or Gold Dump
Looking at Gold on the long term. Are we going to see a break of the ranging action or are sellers going to step in again rejecting price once again. Waiting to see what direction this wants to head. Im partial to the continuation of the bullish momentum but we all know how fast things can change. Silver also sitting in a similar place putting pressure on a strong resistance level. Hopefully next week we will have a clearer picture on which way XAUusd wants to move. Feel free to leave your thoughts or ideas
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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.