Gold may correct soon! Key highlights:
- Possible selling climax at previous ATH.
- ATH acting as a resistance.
- Buyers seem to be exhausted.
- Monthly demand zone 50-52k.
- May head towards the demand zone in the next 2 quarters.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView