Gold analysis on November 7
In yesterday's analysis I talked about gold going down. Buy in 1994 and sell down to the 1972 target. There are 20 points of profit.
Although gold's short position is strong, this is just correcting the support level. There will be an upward trend in the future, with the target position of 1990.
1970-1965 was a suitable opportunity.
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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.