Gold has just entered a new horizon
I use 200EMA when looking at long-term trends.
Gold gets out of its downward channel after 9 months and crosses up its 200EMA, which could be considered a very bullish sign.
In short term, we may see some turbulence, but Gold could shine once more.
Resistance levels showed by red horizontal lines.
Gold gets out of its downward channel after 9 months and crosses up its 200EMA, which could be considered a very bullish sign.
In short term, we may see some turbulence, but Gold could shine once more.
Resistance levels showed by red horizontal lines.
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Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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.