Gols is running out of steam ?
Updated
Due to spx recovery we can notice that goldbugs are reducing their positions . Don't underistimate stock market plunge protection teams . Short here with tp1 at 1480 and depending on will it bounce on 50ma there or not i will decide what my next position will be. I think it's time to a healthy correction to 1420 region for Gold.
Note
Stopped out BE.
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.