Gold is still in Bull Trend
As u can see, daily Gold is basically above SMA 24, pulling Moving Averages above and above.
Stop Loss: Three consecutive Daily close below that SMA 24.
Otherwise, Increase position everyday Gold above SMA 24.
Fundamentals: Fed start rate cutting cycle by 50bps, as well as geopolitical uncertainties all benefits gold.
Stop Loss: Three consecutive Daily close below that SMA 24.
Otherwise, Increase position everyday Gold above SMA 24.
Fundamentals: Fed start rate cutting cycle by 50bps, as well as geopolitical uncertainties all benefits gold.
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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.