Hello traders,
After having a period in equilibrium, The Gold Future is taking an increasing trend.
GC could break that zone of equilibrium above it, and therefore it takes that upward trend. But as I said in my long term analysis of GC we need an important volume that could push the GC price over that maximum price of 18/05/2020, we should wait for those volumes, in case we’re looking for long term investment.
PS: A down break of the trend support could change the current increasing evolution.
After having a period in equilibrium, The Gold Future is taking an increasing trend.
GC could break that zone of equilibrium above it, and therefore it takes that upward trend. But as I said in my long term analysis of GC we need an important volume that could push the GC price over that maximum price of 18/05/2020, we should wait for those volumes, in case we’re looking for long term investment.
PS: A down break of the trend support could change the current increasing evolution.
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