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Calling gold bottom at 1450~1500
Gold (XAUUSD)
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Calling gold bottom at 1450~1500
由GoatOfWallStreet提供
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2022年9月27日
1
Gold is respecting the current down channel and will most likely visit the lower end of the channel by the year end.
A short lived relief rally is ahead of us.
My plan is to gradually average down.
Calling a bottom is stupid but the technicals point to 1450 as the worst case scenario and 1550 as a likely bottom.
One thing is for sure.... paper gold is holding the real gold down.... as long as those paper shorts are flooding the market we are getting REKT :)
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