Gold experienced extreme volatility recently due to Coronavirus scares adn bond yeilds dropping. So the downwsrd movement tells me that it could of been a huge correction if so then Gold will be poised for a rally towards $1700-$1800.
If scares carry on the US will start pumping money into gold and Asia even more so.
This trade carries a lot of risk due to the prediction bening at yearly highs!
If scares carry on the US will start pumping money into gold and Asia even more so.
This trade carries a lot of risk due to the prediction bening at yearly highs!
Trade active
Stop Loss extended to $1590Trade closed manually
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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.