GOLD SHORT?
Personally, i think we might be seeing more bearish movements on Gold in the coming weeks.
My reasons:
1. Price is at a premium level (Gold is over bought, also it only recently created an ATH)
2. The retailer concept of the "Double Top" that usually signifies a reversal has formed.
I think price might be heading to the black horizontal line.
What do you think?
My reasons:
1. Price is at a premium level (Gold is over bought, also it only recently created an ATH)
2. The retailer concept of the "Double Top" that usually signifies a reversal has formed.
I think price might be heading to the black horizontal line.
What do you think?
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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.