I had a conversation with a colleague of mine who trades gold and is waiting for the price to arrive at 1500. Although it is a possibility the bigger picture suggests that price may revert at 1450 and enter a multi-year bear market which may devastate the precious metal industry.
When googling for an example of E being a false breakout stumbled upon very similar chart by Zhikaaa
When googling for an example of E being a false breakout stumbled upon very similar chart by Zhikaaa
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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.