Spotted a possible inverted HS pattern with bullish outcome even though I am bearish for long term positions.
Current post pandemics remains fragile and that's why gold stands in this range 1800 to 1700.
Based on that I think we could go up again to test the 1800 area.
After the ATH at 2070+ I expect to hit a whopping All time low, that's what markets usually do, but that is for a very very long term trade.
Current post pandemics remains fragile and that's why gold stands in this range 1800 to 1700.
Based on that I think we could go up again to test the 1800 area.
After the ATH at 2070+ I expect to hit a whopping All time low, that's what markets usually do, but that is for a very very long term trade.