Gold- to resume its long term uptrend?
Although I was bearish Gold till recently and hoped that it will drop to at least 1850 zone I can't ignore the fact that the long-term trend is extremely bullish and this was just a correction.
After reaching 1860 last week, Gold recovered and put in "3 white soldiers" from support zone.
Yesterday's volatility showed me one thing, that bulls took control again and we can expect higher prices in the near future.
In my opinion, dips should be bought and, in the next days, we can see a new challenge of 1930 resistance
After reaching 1860 last week, Gold recovered and put in "3 white soldiers" from support zone.
Yesterday's volatility showed me one thing, that bulls took control again and we can expect higher prices in the near future.
In my opinion, dips should be bought and, in the next days, we can see a new challenge of 1930 resistance
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