Looks like #Gold is staging a reversal, the recent correction is over and it can resume the longer term uptrend, or at least stage a substantial daily up swing...
Best of luck!
Cheers,
Ivan Labrie.
Best of luck!
Cheers,
Ivan Labrie.
Trade closed: target reached
Target #1 exceeded, you can take profits here and move stop to entry to attempt to ride the rest of the trend.
Trade active
Looking at the quarterly chart, there is long term potential for upside to 2300-3000+ within 2-3 years if it breaks up from here.
Weekly chart is bullish as well:
I bot back some exposure to #Gold today.
Trade closed manually
Trend is now down again...Seems like the risk off wave that propelled gold up is over. (banking woes)
Trade active
Bot today after CPI, we have a new daily trend signal, could break into new highs, if so, a big quarterly signal could confirm (similar to the one in 2018)Trade closed manually
Weekly time expiring, daily could turn down, watching on the sidelines.
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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.