Gold Trading Forecast
last week we witness a bid from both bulls n bears side, but no one won.
After huge fall in DXY, bed reports from US data, Cooling inflation.. Gold stand as it is, no movement noticed in weekend.
Where as Silver booming outrageous.
Well no one knows what maket mood is but there's a lot of data and moment analysis by trade analyst. So here I present my trade idea,
Gold is currently no trading zone, my views are as follows:-
1. If gold gap up Or go buy n breaks high above $1972,n sustain above,I will go for the buy side,
2.if market gap down or go down n breaks $1950 n sustain below it, I will go for the sell. (Although untill gold breaks it's high above 1972,its a sell for me).
There's a huge potential in both gold n silver on d buy side as brics n other developing countries dumping dollar💰 n planning to launch its own gold backed currency. We will wait to see what's going to happen near future. Till then, stay tuned.
Bye.
last week we witness a bid from both bulls n bears side, but no one won.
After huge fall in DXY, bed reports from US data, Cooling inflation.. Gold stand as it is, no movement noticed in weekend.
Where as Silver booming outrageous.
Well no one knows what maket mood is but there's a lot of data and moment analysis by trade analyst. So here I present my trade idea,
Gold is currently no trading zone, my views are as follows:-
1. If gold gap up Or go buy n breaks high above $1972,n sustain above,I will go for the buy side,
2.if market gap down or go down n breaks $1950 n sustain below it, I will go for the sell. (Although untill gold breaks it's high above 1972,its a sell for me).
There's a huge potential in both gold n silver on d buy side as brics n other developing countries dumping dollar💰 n planning to launch its own gold backed currency. We will wait to see what's going to happen near future. Till then, stay tuned.
Bye.