Gold - Fundamentals And Technicals Are Pointing To The Upside
Another week of continuation in bullish price action and Gold managed to book new all-time highs @ $2,942 per oz.
Many investors and traders are speculating the price of Gold by the end of the year could reach $3,000 but I believe our dreams may come true sooner than expected.
Expect short term retracements to immediate imbalances in price action on the daily timeframe but in the grand scheme of things, It's up up and up!
Many investors and traders are speculating the price of Gold by the end of the year could reach $3,000 but I believe our dreams may come true sooner than expected.
Expect short term retracements to immediate imbalances in price action on the daily timeframe but in the grand scheme of things, It's up up and up!
Note
Mid week analysis
New highs has formed on Wednesday
$2,950 upcoming
Note
Weekly Review
Successful bullish delivery on the weekly timeframe
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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.
Related publications
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.