GOLD is so weak
Updated
I have closed all of my long positions in gold and miners and collected profits (small ones). It is so weak, with USD on the lowest levels in last 12 months I would expect more bullishness in moves. I expect check of lower supports 1240 / 1220 and then strong up wave.
I will also not short it but take new long positions - swing trade.
Be carefull and make your own trading plane. At this one I could be very wrong.
I will also not short it but take new long positions - swing trade.
Be carefull and make your own trading plane. At this one I could be very wrong.
Note
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.