Well, the time has come to pick up some more of the yellow metal down under.
As you can see, the pullback i forecast has played out quite nicely and is now presenting us with a nice opportunity to participate in the potential subsequent move higher.
I would place a stop at a close below the Vol stops
Other than that, the price action and the macro environment is nothing but bullish for gold (and indeed silver).
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.