As we continue to see the trade wars kick off and market fear increase gold continues to perform as the go to safe haven. Trading off the ORB sessions continues to provide value. Until the markets settle and start to show strength or even direction gold will continue to rip, as Goldman Sachs the potential to go to $3500 and beyond is not that far fetched. I would like to see how London reacts off the levels set by Asia and if we can break through next session.
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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.