Dear traders, in my previous Gold analysis, I mentioned about buying at 1850 level and to target 1910. (idea attached below) As you can see, today we reached very close to that target. So, congrats to the ones who followed and hit a big profit.
Currently, it looks like Gold will slowly continue to go up and reach the 1920 level. In fact it might go all the way till 1950.
However, I am not looking to buy at the current market price. In fact, I am more interested in selling when it hits resistance.
So, I would be trying to sell Gold at 1940 level in case it shows bearish price action.
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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.