Gold enter to a breaker uptrend.
We all know gold as a hedge agains inflation and uncertainy. It has take its time to reach a major trend i believe is capable of breaking all time high and reach prices over $2100 an ounce.
We are positioned to finish the second wave from a major third wave so chances are to brake all time high and make a new high in the price of gold . Market condition structure might be slower than usual due "Thanksgiving. Black Friday and Cyber Monday" . Which creates a slowdown reason why trading caution is not optional for day traders.
Happy Thanksgiving to everyone!
We are positioned to finish the second wave from a major third wave so chances are to brake all time high and make a new high in the price of gold . Market condition structure might be slower than usual due "Thanksgiving. Black Friday and Cyber Monday" . Which creates a slowdown reason why trading caution is not optional for day traders.
Happy Thanksgiving to everyone!
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.