I'm sure everyone has seen the tear gold has been on lately. I think there is still plenty more room to run, especially with what I think is coming down the pipe in the equities markets.
We can see a little pullback down to 1180 first, between a possible bounce in the dollar and people taking profits on their gold trades I think we will see a pullback and bounce off of 1180, which has been a pretty solid level of support/resistance as well as a .382 fib retracement of this current move which should only strengthen the level. .764 should also act as a tough level and provide some support, might be a good time to average in if you happen to get long a little early and it slips a little further.
We can see a little pullback down to 1180 first, between a possible bounce in the dollar and people taking profits on their gold trades I think we will see a pullback and bounce off of 1180, which has been a pretty solid level of support/resistance as well as a .382 fib retracement of this current move which should only strengthen the level. .764 should also act as a tough level and provide some support, might be a good time to average in if you happen to get long a little early and it slips a little further.
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.