XAUUSD - LONG-TERM OUTLOOK 🔍
🔺 Politics/economy stabilizing = Gold pressure 🔽
🔺 Recession = Panic selling = Temporary gold dip 🔽
🔺 FOMO exhaustion = Correction needed = Gold pullback 🔽
BUT long-term gold ALWAYS rises! It's humanity's ultimate safe haven. 🔼🔼🔼
Charts showing strong retracement on higher timeframes. Only down 10% so far but bearish structure forming - more downside likely.
Going against crowd is tough! When gold kept making highs, I warned about potential top, but FOMO was unstoppable 😀
For long-term physical gold positions, wait for 20-30% correction. $2400-2600 zone looks ideal.
Too far to reach? If it doesn't hit, we wait. This is wealth preservation, not short-term trading.
Money is limited. Opportunities are endless (if you understand markets).
Jesse_Tnetc
🔺 Politics/economy stabilizing = Gold pressure 🔽
🔺 Recession = Panic selling = Temporary gold dip 🔽
🔺 FOMO exhaustion = Correction needed = Gold pullback 🔽
BUT long-term gold ALWAYS rises! It's humanity's ultimate safe haven. 🔼🔼🔼
Charts showing strong retracement on higher timeframes. Only down 10% so far but bearish structure forming - more downside likely.
Going against crowd is tough! When gold kept making highs, I warned about potential top, but FOMO was unstoppable 😀
For long-term physical gold positions, wait for 20-30% correction. $2400-2600 zone looks ideal.
Too far to reach? If it doesn't hit, we wait. This is wealth preservation, not short-term trading.
Money is limited. Opportunities are endless (if you understand markets).
Jesse_Tnetc
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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.