Little Update: Gold has shown an attempt to pullback, but he failed at least at the moment. Technically speaking (on TFW), the gold is working a bearish pattern (AB = CD), and it still keeps under his YPP (Yearly Pivot Point) and COT net position are still bearish. Taking a purely "technical analysis", without considering the geopolitical and economic events, every swing bullish must be regarded as an opportunity to sell gold. My analysis is considered of medium-long term.
Signal Suisse
Signal Suisse
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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.