SHOULD WE EXPECT A GOLD SHORT SOON?
although gold has been making long term highs for the past three months, the 1701 level has played a key role for sellers. This 1701 level has played a key role for the sellers unless buyers decide to breakout and head higher.
this could be as a result of the serious depreciation of the US Dollars in this Corona virus period. all i am expecting this period is for price to get to the 1701 level, any actions to go short will see my TP at 1650,if there is a bullish breakout and retest, i would take profit at 1790. SHARE YOUR VIEWS, MORE ANALYSIS COMING SOON
this could be as a result of the serious depreciation of the US Dollars in this Corona virus period. all i am expecting this period is for price to get to the 1701 level, any actions to go short will see my TP at 1650,if there is a bullish breakout and retest, i would take profit at 1790. SHARE YOUR VIEWS, MORE ANALYSIS COMING SOON
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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.