GOLD: BULLISH WITH EXTREME CAUTION
We are losing momentum here in Gold. There is a tradable short opportunity soon.
I would hope for one more run higher before shorting, but we may not even get it. The trade also may not be as clean as one would like - I expect some choppiness at these levels.
My first target short would be the 1170 area, followed by a break of 1000 later in the year.
I would hope for one more run higher before shorting, but we may not even get it. The trade also may not be as clean as one would like - I expect some choppiness at these levels.
My first target short would be the 1170 area, followed by a break of 1000 later in the year.
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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.