Hello traders,
Regarding the long-term analysis. Gold is bullish but over bought!
In terms of mid-term. Gold is bullish and over sold.
We are waiting for a break over the green horizontal line or below the trend line.
but for now, we have a chance for short-term profit! Risk less than normal for short-term traders.
Regarding the long-term analysis. Gold is bullish but over bought!
In terms of mid-term. Gold is bullish and over sold.
We are waiting for a break over the green horizontal line or below the trend line.
but for now, we have a chance for short-term profit! Risk less than normal for short-term traders.
Trade closed: target reached
Note
I'm still working for a break over the line or below the trend-line! I'll publish next anaysis soon!
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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.