Gold must have got the attention of all the buyers who missed out on initial bull run but according to me current breakout looks more of a distribution move and should result into lot many disappointed bulls in coming weeks.
Avoid taking longs unless you have a strong reason to do the same.
Avoid taking longs unless you have a strong reason to do the same.
Trade active
First target hit, booked some positions at $1469.Will open new shorts on the retest of breakout zone.
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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.