I haven't got much to comment really but gold is in a bull market (do i need to repeat that?) This means to cut to the chase if you are shorting you are gambling and if you are long then you need good money management and patience. It will then pay off.
Sorry to be blunt but how else can i say it.
Sorry to be blunt but how else can i say it.
Note
Update: I'm expecting consolidation, allow more bears to come aboard. It is now reported that there is only 21.9% chance of a fed rate hike . I cannot see it breaking out of either the upper or lower trend lines until the FED announcement.
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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.