World-Signals

How to trade Gold in the next days and weeks

Short
COMEX:GC1!   Gold Futures
Our last Gold target from September 3rd is reached with a good profit of about $30 per ounce. The big movements in upward direction are ended already from the beginning of August 2020. The investors are not willing to bet to Gold and the price may stay at the current levels till December. The movements are possible in the range between $1860/85 and $1970. World-Signals trading strategy is to trade within the trading range and in the next few days to hold short positions.

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.