GOLD Medium-Term Long
Last time we ran gold, it went pretty well. Got bored halfway through though. This time should be a bit more exciting.
Metals complex is still bullish, seasonality looks good. MENA geopolitics is still hot and KJU is getting mad again cause Trump isn't giving him enough attention. (& whats Iran been up to lately?)
Bad data and other warning signs from China econ (trade war hits them hard during the US Christmas consumer utopia, thus the deal demand for tariff reduction) and other emerging market problems (Argentina?). Even if phase 1 deal happens, its not gonna be that great. Economic warfare is here to stay.
Gold should have an upside bias here, decent value (plus it's shiny and looks cool). First TP is almost a lock (like 70% hit).
Lay off the TA you goobers and make some money for once.
Metals complex is still bullish, seasonality looks good. MENA geopolitics is still hot and KJU is getting mad again cause Trump isn't giving him enough attention. (& whats Iran been up to lately?)
Bad data and other warning signs from China econ (trade war hits them hard during the US Christmas consumer utopia, thus the deal demand for tariff reduction) and other emerging market problems (Argentina?). Even if phase 1 deal happens, its not gonna be that great. Economic warfare is here to stay.
Gold should have an upside bias here, decent value (plus it's shiny and looks cool). First TP is almost a lock (like 70% hit).
Lay off the TA you goobers and make some money for once.
Related publications
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.