I correctly predicted Gold's move in my last analysis (See linked idea below). Now I believe we are approaching a major trendline where we can expect a bearish retracement to around 1793 before it continues bullish.
Here's the bottom line. I see Gold continuing its bullish momentum in the long term, however, we can also profit on the retracement in the short term. I intend to go short at around 1857 down to around 1793. At 1793, I intend to go long all the way up to 1902 - 1934 area (will update later for accurate price).
Be safe. Ride the wave. Make precise entries to minimize risk.
Do you want to be the first to see my analyses? FOLLOW ME ON TRADINGVIEW.
Here's the bottom line. I see Gold continuing its bullish momentum in the long term, however, we can also profit on the retracement in the short term. I intend to go short at around 1857 down to around 1793. At 1793, I intend to go long all the way up to 1902 - 1934 area (will update later for accurate price).
Be safe. Ride the wave. Make precise entries to minimize risk.
Do you want to be the first to see my analyses? FOLLOW ME ON TRADINGVIEW.
