Gold - next BASE
Gold had a fairly strong price appreciation last week, breaking out of a minor consolidation.
A new ATH has formed.
With the RSI printing in the OS Zone, maybe next week will see a consolidation of price as the smart money once again accumulates, before the next leg up.
The bias is long, but only at a price level of 2675 - 2785 ,on a pullback.
A new ATH has formed.
With the RSI printing in the OS Zone, maybe next week will see a consolidation of price as the smart money once again accumulates, before the next leg up.
The bias is long, but only at a price level of 2675 - 2785 ,on a pullback.
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.