The trendline has many touches and goes back to 2004!
We had a massive parabolic run coming soon to touch it
Also there is an action area on the horizontal level about the same level -> Confluence!
We are very likely to get some kind of rejection.
We do need to set at least higher lows on monthly, 3 Monthly and even 1 year charts!
Dollar bulls be aware!
Gold, Silver and all the others can finally get a breather? lets fund out - this may take a while to actually play out.
Bonus dump will come if there is a blackswan and the FED prints a couple trillion STIMULUS
We had a massive parabolic run coming soon to touch it
Also there is an action area on the horizontal level about the same level -> Confluence!
We are very likely to get some kind of rejection.
We do need to set at least higher lows on monthly, 3 Monthly and even 1 year charts!
Dollar bulls be aware!
Gold, Silver and all the others can finally get a breather? lets fund out - this may take a while to actually play out.
Bonus dump will come if there is a blackswan and the FED prints a couple trillion STIMULUS
Stop loss in
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Stop loss in
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.