This time GOLD approached $1600 in a very calm manner, it pulled back to test the monthly breakout level and now slowly grinding higher. We might see short term shakeouts but with the sentiment building up in broad context , the path to $1800 doesn't look over the top.
I am not long on this market , i always tend to short gold and make money from pullback from new highs, just wanted to analyze to prevent myself taking an unnecessary short lol
From my understanding, gold would keep going up until the $1800 level at least
I am not long on this market , i always tend to short gold and make money from pullback from new highs, just wanted to analyze to prevent myself taking an unnecessary short lol
From my understanding, gold would keep going up until the $1800 level at least
