Some quite some time, we have seen a decline in the gold price, and we convinced that the bearish trend is going to continue. A couple of months ago, we identified a target area (marked with the cute bear circle 🥰) between $1722 and $1606. Once we fall below $1767, we have good chances that we approach this area soon. The reason why we are so hyped up to reach this area is, because we expect a massive – and by massive we mean reeeeally massive – turnaround which results in the gold price pushing for new highs. Having such a profitable outlook, we can’t wait for the price to approach the target area!
Bear, bear, hurray!
Bear, bear, hurray!
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Penerbitan berkaitan
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.