This week will be very interesting due to NFP coming up soon. The controversy continues with the government along with the rapid growth of the delta variant. In a utopia, if history was supposed to repeat itself then we can expect a huge gain of GOLD rising as far as $2k.
Gold remains lingering around the 1800 to 1795 zones. It appears that it is trying to move down but from the higher time frame, it still looks as if it is in the bull trend. The battle between these great creatures continues to be undefeated.
According to the previous week, Gold went higher than 1820 (which was assumed to be the highest high at the time) but it broke through that range, leading up to 1830+. Gold closed on Friday (7/16/21) with a bounce above 1810. With a simple glance, one can assume that there are many opportunities to scalp and go for a long because in a higher time frame the trend...
It is a common thing to see that history tends to repeat itself and if this remains true then we can expect to see GOLD to shoot up in the next few weeks or so. In the meantime, there are many scalping opportunities to make a lot of money. But remember that this is ONLY a hypothesis, anything can factor into the changes of gold. Be wise and adjust to the...
With my eyes cross, this what I am predicting but overall this is just a hypothesis. In no shape or form is this financial advice. So please trade accordingly and always remember that we as humans can never control the market or weather but we can sure control our risk management! ;) Money Never $leeps! ~CopyCats