Hello traders :)
I mentioned in my previous gold analysis that there might be a mixed outlook. But we were already ready for this :) Now I can say that we are approaching the end of this confusion. There will (most likely) be a long and narrow way to down side.
Although I show that the price will rise a little on this chart, remember that the main direction is down. A good trader will patiently wait and sell at a higher point. However, if you are a risk taker, you can try a small position.
If you like my graphics don't forget to follow and like it :) That will get me stronger and happier :)
Good luck.
I mentioned in my previous gold analysis that there might be a mixed outlook. But we were already ready for this :) Now I can say that we are approaching the end of this confusion. There will (most likely) be a long and narrow way to down side.
Although I show that the price will rise a little on this chart, remember that the main direction is down. A good trader will patiently wait and sell at a higher point. However, if you are a risk taker, you can try a small position.
If you like my graphics don't forget to follow and like it :) That will get me stronger and happier :)
Good luck.
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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.
Related publications
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.