Gold Neutral Idea
Higher time-frames suggest Gold is still bullish but on the daily time-frame we are still within this range between 1477.50 and 1450.00
There is no real direction as of yet while in this range but we are ultimately looking for a break to the upside when the 1477.50 resistance level is broken
Long term I think gold will continue it’s bullish trend up to 1560.00 area but for now we are holding at key support around the daily 38.2% fib level
Higher time-frames suggest Gold is still bullish but on the daily time-frame we are still within this range between 1477.50 and 1450.00
There is no real direction as of yet while in this range but we are ultimately looking for a break to the upside when the 1477.50 resistance level is broken
Long term I think gold will continue it’s bullish trend up to 1560.00 area but for now we are holding at key support around the daily 38.2% fib level
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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.
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.