SPDR Gold TrustLong
Good buying opportunity
Markets breaking to All time highs except Nasdaq. Not exactly what you want to be seeing.
Gold in the process pulled back to a zone of demand. This zone along with the trend-line from August highs now acting support gives reeason for buyers to come in.
On 4hr candlestick chart, there was a green inside candle after touch the demand zone. On lower time frames showing signs of reversing/bullish.
I expect to ride gold back to 183 and see what happens from there these next couple of days/weeks.
Gold in the process pulled back to a zone of demand. This zone along with the trend-line from August highs now acting support gives reeason for buyers to come in.
On 4hr candlestick chart, there was a green inside candle after touch the demand zone. On lower time frames showing signs of reversing/bullish.
I expect to ride gold back to 183 and see what happens from there these next couple of days/weeks.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.