GOLD: Possibility of returning to old peaks
Updated
Gold has just broken out of the small price range to fall at 1h. However, the price has not yet escaped far from the support below. Need a deeper push down before retesting upwards to sell down. Or if the price bounces back up, you can wait to sell again at the old peak.
Note
Chairman of Adrian Day Asset Management, also forecasts that gold will increase in the near future. He said that high inflation and economies on the brink of recession are good environments for gold.Note
GOLD BUY LIMIT 1917 - 1919 TP: 1924
SL: 1914
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