Hello Traders 🐺
In the last couple of weeks, my only bearish idea was about the GOLD price, and I mentioned that somewhere around $3100 would be the top — at least from a mid-term perspective.
Now, as I told you before, price created a fakeout from the rising wedge pattern, which is inherently a bearish pattern!
But we had a bullish breakout with a bearish divergence on the RSI, so what came next was so obvious!
Now I’ve mentioned two price targets for GOLD in the immediate short term on the chart — make sure to act accordingly.
And what about the mid-term? You can check my last idea about GOLD in the related link below this idea.
But about the total financial market, I have to admit that there is a chance for recession,
but honestly, I can’t feel it, because the danger of recession is much higher than inflation.
And also, with the recent tariffs, I can say Donald Trump wants to grow the US economy, and that’s not going to happen through recession.
However, let me explain all of this in detail in the next idea...
I hope you enjoyed this idea — and always remember:
🐺 Discipline is rarely enjoyable, but almost always profitable 🐺
🐺 KIU_COIN 🐺
In the last couple of weeks, my only bearish idea was about the GOLD price, and I mentioned that somewhere around $3100 would be the top — at least from a mid-term perspective.
Now, as I told you before, price created a fakeout from the rising wedge pattern, which is inherently a bearish pattern!
But we had a bullish breakout with a bearish divergence on the RSI, so what came next was so obvious!
Now I’ve mentioned two price targets for GOLD in the immediate short term on the chart — make sure to act accordingly.
And what about the mid-term? You can check my last idea about GOLD in the related link below this idea.
But about the total financial market, I have to admit that there is a chance for recession,
but honestly, I can’t feel it, because the danger of recession is much higher than inflation.
And also, with the recent tariffs, I can say Donald Trump wants to grow the US economy, and that’s not going to happen through recession.
However, let me explain all of this in detail in the next idea...
I hope you enjoyed this idea — and always remember:
🐺 Discipline is rarely enjoyable, but almost always profitable 🐺
🐺 KIU_COIN 🐺
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
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.
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
🐺 Discipline is rarely enjoyable ,
But almost always profitable 🐺
TElEGRAM CHANNEL : t.me/KIU_COIN
_____________________________________
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.