Gold exhibited considerable uncertainty, as sellers pushed the price back to nearly its starting point this week. Is it profit taking? What do institutions know that we don't, as they increased their long positions this week? 81% of institutions are long. So, where the whales are is where I want to be.
Note: This is not advice. This is for educational purposes only. Past performance is not indicative of future results.
Note: This is not advice. This is for educational purposes only. Past performance is not indicative of future results.
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XAUUSD strong demand last week could potentially continue this week especially with the geopolitical tension between Israel and Iran. It could even create a new High and surpass 3500. Otherwise, the plan is too short it when the time comes.Disclaimer
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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.