Gold seems bullish.
Wait for the correction till 1208-1210$ price range , then you may go LONG.
TP : 1365$ , 1375$
Good Luck.
Wait for the correction till 1208-1210$ price range , then you may go LONG.
TP : 1365$ , 1375$
Good Luck.
Trade active
Trade Update :Looks like gold is performing an over-extended trading.
Recession might be on way.
Other commodities such as silver , platinum , oil etc. doesn't support the gold's rally.
Watch 1430$ for short.
I think this bull market is going to end soon. it will drop back to 121x$ at least i believe.
That will market decision point. Gold can either reverse from that bottom again or go for a deep dive through 9xx$ levels before the reversal.
Good Luck.
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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.