Will Geopolitical and Trade War Uncertainty boost GOLD?
GOLD now seen climbs to it's last ATH. Technically, GOLD just made a minor wave and stopped just at 38.2 fibonacci TF H1. I see GOLD still high chance to reach it's last ATH and still have rooms to make a new ATH again.
Current geopolitical and trade war sentiment just boost gold. Traders also can check dollar index which move lower amid strong inflation data. This show us that 'big whale' have some worries on current uncertainty.
I just take buy chance at 2925 and see 2940 as take profit target with a narrow stop loss at 2921,80. Please do your research guys before entry to market because GOLD could be more volatile.
Current geopolitical and trade war sentiment just boost gold. Traders also can check dollar index which move lower amid strong inflation data. This show us that 'big whale' have some worries on current uncertainty.
I just take buy chance at 2925 and see 2940 as take profit target with a narrow stop loss at 2921,80. Please do your research guys before entry to market because GOLD could be more volatile.
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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.
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.