Can Gold Overcome the Second Hurdle Blocking 1800?
It took gold 2 days to overpower the selling pressure at 1520 level and now gunning for the second hurdle located from the current price level to 1547. If the bulls are able to demolish all bears at these levels, then gold is more likely to create another high. With that, the precious metal could be eyeing to equal 2012 high at around 1800...
Trade active
Bears sent gold price below the trendline
Smart Monies trade on Emotions and Sentiments. Let them work for you in taking calculated risks...
-YouTube Channel: @bullbearmkt331
-Telegram: t.me/BullbearMkts
-YouTube Channel: @bullbearmkt331
-Telegram: t.me/BullbearMkts
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.
Smart Monies trade on Emotions and Sentiments. Let them work for you in taking calculated risks...
-YouTube Channel: @bullbearmkt331
-Telegram: t.me/BullbearMkts
-YouTube Channel: @bullbearmkt331
-Telegram: t.me/BullbearMkts
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.