Difficult to see what moves gold above 1800.
Would be short until that level breaks.
The trend is still down.
Would be short until that level breaks.
The trend is still down.
Note
I will Gold to a full position on a break out of 1860.Bitcoin wobbles are probably good for gold.
Note
Gold and silver have benefitted the most from the crypto meltdown.
Gold is looking particularly sweet with limited near term resistance.
Full position.
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I am not a registered investment advisor. Nothing I say, or share, constitutes investment advice. Take responsibility for your risk and do your own research.
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.