Right after gold hit it's all time high. ATH. Viewing from the daily timeframe, it created an inducement, which we've been waiting for, for a while now.
We've our inducement at 3,201. Right where my alert is set at. Hoping it takes it down to our breaker block right at 3,164 and 3144, where the buys can start coming in.
Major trend for gold is still Bullish, so we only wait for this correction to be over. Hopefully, with time, giving us a new all time time. ATH
Do comment what you think. Thank you.
We've our inducement at 3,201. Right where my alert is set at. Hoping it takes it down to our breaker block right at 3,164 and 3144, where the buys can start coming in.
Major trend for gold is still Bullish, so we only wait for this correction to be over. Hopefully, with time, giving us a new all time time. ATH
Do comment what you think. Thank you.
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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.