GOLD: the beginning of a bullish trend or just a correction?
This week, gold has lost a lot of volume, returning to the fall after each correction. Yesterday it collapsed and is now close to the support trend line (early December) 1750.90. The price will probably bounce off this line and rise to the resistance line 1787.42.
SL - 1736.32.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SL - 1736.32.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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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.
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.