Long Term Gold Bullish
Short term correction not complete so current idea Bearish
9th June chart complete 1670 - 1779
Short term Aim for Gold to touch 1738-45
If broken can see 1710 perhaps and rebound
Otherwise Gold can carry on into 1650's but we will cross that bridge step by step at 1710/12 zone
Alot of people are long on Gold however I feel we need a decent pull back unless we retest the high and pull back.
Either way shorts is on my cards for now till my zones are complete.
Short term correction not complete so current idea Bearish
9th June chart complete 1670 - 1779
Short term Aim for Gold to touch 1738-45
If broken can see 1710 perhaps and rebound
Otherwise Gold can carry on into 1650's but we will cross that bridge step by step at 1710/12 zone
Alot of people are long on Gold however I feel we need a decent pull back unless we retest the high and pull back.
Either way shorts is on my cards for now till my zones are complete.
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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.