In this trade I expect this stock to drop a little before going up. In fact, the MACD is showing that the momentum is getting weaker but I am confident that the drop will not last much because of the current situation in the market.
Remember that gold is a safe asset!
The targets are placed in correspondence of possible stock resistances
Remember to put a stop loss in order to secure your capital! Not a financial advice. Enjoy your trade!
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.