Gold has touched the accumulation zone
As gold comes into the blue area I'm personally happy start adding into weakness here. Still expecting a move into wave 5 coming into the latter end of the year.
Additional notes - The Dollar has recently broken up from a consolidation which could cause some further volatility. Regardless I'd still be adding, we are in a metals bull market with all the fundamentals aligned for much higher gold prices.
Obviously not advice - Just my take on it.
Additional notes - The Dollar has recently broken up from a consolidation which could cause some further volatility. Regardless I'd still be adding, we are in a metals bull market with all the fundamentals aligned for much higher gold prices.
Obviously not advice - Just my take on it.
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.
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.