gold stuck in a horizontal indecision range.
there are two solid reasons to buy from current prices:
bullish trend
fundamentals
but sellers also have valid points:
overbought market
shortening demand
for us, the best option right now is to wait for a breakout to protect ourselves from this uncertainty!
most of the time, in such kind of ambiguous situations breakout shows the future direction of the market.
I am still on a bullish side but who knows :)
what is your view???
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.