Gold Long - Area to BUY
Gold
Technical:
61,8% Fib retracement
23,6% Fib retracement
100 SMA Weekly
200 SMA Daily
Trend 1
Trend 2
Fundamental:
Extremely High Inflation
Extremely High Geo-political Tension
Moderately High Distrust in US Dollar
Sentiment:
Neutral-to-Bullish (Hanke Cofnas)
Overview:
All three variables add up at the same time.
Very Bullish, looking for entry @ $1833
Technical:
61,8% Fib retracement
23,6% Fib retracement
100 SMA Weekly
200 SMA Daily
Trend 1
Trend 2
Fundamental:
Extremely High Inflation
Extremely High Geo-political Tension
Moderately High Distrust in US Dollar
Sentiment:
Neutral-to-Bullish (Hanke Cofnas)
Overview:
All three variables add up at the same time.
Very Bullish, looking for entry @ $1833
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