From a macro perspective, the bullish trend has just been confirmed. With the current worldwide uncertainty regarding monetary policies, the wars going on and the political conflicts people tend to swift towards safe havens like gold since their store of value does not deteriorate in an economic crisis, it's always on demand and easily convertible. History doesn’t repeat itself but it certainly rhymes.
We have two active Time at Mode weekly bullish trends.
First trend expires mid September with the highest target of $2,900.
Second trend expires in November with the highest target of $3,100.
Combining both short and longer term trends, we could easily expect price continuation toward $3,000's by the end of the year.
We have two active Time at Mode weekly bullish trends.
First trend expires mid September with the highest target of $2,900.
Second trend expires in November with the highest target of $3,100.
Combining both short and longer term trends, we could easily expect price continuation toward $3,000's by the end of the year.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.