Gold may continue to rise again.
Gold is still in an upward trend until the opposite is proven, so the next move is likely to be towards levels above 1800.
Gold is inversely linked to the US dollar, so it is likely that the dollar is currently in a state of weakness, but the strength of the dollar is getting sick but not dying. Therefore, caution should be a friend of our trading when we trade in gold.
The four golden rules of trading
1 Don't be greedy
2 Always use stop loss
3 Never add other positions to the losing positions
4 Use a suitable lot for your account
❤️Please, support our work with like & comment!❤️
Gold is inversely linked to the US dollar, so it is likely that the dollar is currently in a state of weakness, but the strength of the dollar is getting sick but not dying. Therefore, caution should be a friend of our trading when we trade in gold.
The four golden rules of trading
1 Don't be greedy
2 Always use stop loss
3 Never add other positions to the losing positions
4 Use a suitable lot for your account
❤️Please, support our work with like & comment!❤️
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.