Gold with recent pullback indicating profit-taking and stop-loss activation on small lot traders. Big banks are long and buying more, September deliveries will be extended to December with even longer-term bullish trend before vaccine comes out and currencies/markets begin to recover. (Comex Delivery List August 4, 2020) (cmegroup.com/delivery_reports/MetalsIssuesAndStopsReport.pdf). Bollinger bands violated will continue trend with decreased volatility. Into next breakout towards 2100+.
This is not trading advice. Please manage your risk.
rrochaaz
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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.