Gold Spot / U.S. Dollar

Updated

As you know, tensions are escalating in the Middle East, BUT

the underlying pattern appears to be a running flat (I see signs of weakness)

Target 1= $ 1941
Invalidation level = $ 2086

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$ 2025

Now there is a crisis (Biden faces pressure to strike Iran)

There is a series of events (I mean Biden, Iran and Three US troops), things have a way of escalating out here ...

I expect a rise

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this signal depends on Biden's decision

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good luck everyone

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$ 2040

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I expect a rise

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Good luck to all

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$ 2053

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check this out

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Plan b (impulse):

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Also on:

Related publications

Gold is ready to explode

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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.

Also on:

Related publications

Gold is ready to explode

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.