GOLD - Safe Heaven against all time High Inflation
Hello Guys,
I am publishing this idea on
GOLD, we have a valid channel in which Gold is moving and after seeing the last close for this instrument my bias will be Bullish on Gold.
there are 2 scenario which I have marked in above chart, we will be reactive not predictive. If Gold remains in the channel we will be targeting 50$ from the current price but if the channels got broken than we can see further decline.
Thank You
I am publishing this idea on
GOLD, we have a valid channel in which Gold is moving and after seeing the last close for this instrument my bias will be Bullish on Gold. there are 2 scenario which I have marked in above chart, we will be reactive not predictive. If Gold remains in the channel we will be targeting 50$ from the current price but if the channels got broken than we can see further decline.
Thank You
Trade closed: target reached
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Related publications
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.