Long GLD
With rising inflation and politicals risk all around the world, Gold continues to perform as a safe haven for assets. From the TA perspective, Gold has formed a double bottom and it is breaking out late march level (1957ish). It is aiming for a 0.61 Fib level around $2000, possibly all-time high,
Note
today is a shake, longer time frame uptrend intactNote
at key suppport
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.
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.