Preferred direction: BUY
Comment: Gold has been saving a long mood since last week. Despite the short-term fall at the beginning of the new trading week, growth is still expected towards the current historical highs at the level of 2430. Scenario №1, which we gave in our previous trading idea for gold, is already active. The maximum from current prices is expected to grow towards the level of 2430. Most likely, a new maximum will be recorded, so growth to 2500 can be considered.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: Gold has been saving a long mood since last week. Despite the short-term fall at the beginning of the new trading week, growth is still expected towards the current historical highs at the level of 2430. Scenario №1, which we gave in our previous trading idea for gold, is already active. The maximum from current prices is expected to grow towards the level of 2430. Most likely, a new maximum will be recorded, so growth to 2500 can be considered.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
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