GOLD HUGE LONG OPPORTUNITY
Gold at a great area of support with a 50% Fib confluence of the impulse up. A typical setup we take is this bull flag that will form the continuation impulse up.
Expecting a DXY reset to the downside as well as retail positioning being largely short on gold we expect prices to rise for the precious metal
Expecting a DXY reset to the downside as well as retail positioning being largely short on gold we expect prices to rise for the precious metal
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.