Gold Ranging, Long Position may be Wise
Let me know your thoughts.
On the 30m, the price has touched the lower band of the BB. If we see a clear push over the moving average, we could expect gold to rally.
Based on the uncertainty in the world we've seen Bitcoin rise, we expect gold to behave a similar fashion. The looming US presidential election and lockdowns heading into full effect in the EU gold may cause gold to rally.
This is an opinion, not financial advice.
On the 30m, the price has touched the lower band of the BB. If we see a clear push over the moving average, we could expect gold to rally.
Based on the uncertainty in the world we've seen Bitcoin rise, we expect gold to behave a similar fashion. The looming US presidential election and lockdowns heading into full effect in the EU gold may cause gold to rally.
This is an opinion, not financial advice.
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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.
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.