Gold: Could go sharply higher if strong

Mis à jour
Gold has an interesting trend as of late, ever since DXY peaked and yields started coming down. It lately caught a bid even on days when bonds were selling off which made it interesting as it suggested we could be seeing rebalancing flows out of bonds and into gold (this happened right after the debate about increased spending surfaced in Congress). I caught part of the advance before, but I'm out for a couple weeks, might rejoin the trend if it breaks last week's high here.

Best of luck!

Ivan Labrie.
Transaction en cours
Trade active, order filled.
Note
Stop not hit, but looks sketchy...rather hold though.
snapshot
Trade fermée manuellement
Likely ok to get out...
Note
Last: 1909.09
Note
snapshot
Not bad, this ran its course now, time expired.
Beyond Technical AnalysisChart Patternsgc_fGoldkeyhiddenlevelslabrietradingtimeatmodeTrend AnalysisXAUUSD

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
Aussi sur:

Publications connexes

Clause de non-responsabilité