Gold is setting just below -0.272 on the fib chart also there is a small inefficient zone based on the bullish push up could come back down to fill this zone at 0. on the fib chart then break out to the upside. This momentum is due to inflation, stocks losing favor for investment . Gold is the choice for a safe haven investment over s short term period. Market Talk that will at some stage create new highs looking good at this stage. However there will be a retracement in the near future towards 2922.13
observation : This trend has closely viewed over the last 7 weeks due the economic news currently world wide also majority of this due to the last data coming out from the USA with situation in other parts of the globe.
disclaimer: this is not financial advice. all trades are a RISK that individual's knowingly engage in are at all times responsible for any and all trades based on any information the individuals would use from a source they have used.
observation : This trend has closely viewed over the last 7 weeks due the economic news currently world wide also majority of this due to the last data coming out from the USA with situation in other parts of the globe.
disclaimer: this is not financial advice. all trades are a RISK that individual's knowingly engage in are at all times responsible for any and all trades based on any information the individuals would use from a source they have used.
Trade active
Gold Did hit target up version in chart 2. this is chart one.
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.
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.