GOLD GODS MONEY

Hi Traders, Hope you are all keepin your account Blue,

Im publishing my Gold TA in the daily TF as I have moved from analysing smaller moves , fortunately I have moved to swing trading and therefore I find this TF best suited.

So, what can we see on the charts for Gold. Gold has driven out of the decendcing channel I have marked the area is feel gold is to head up to , Gold will likely test daily resistance and then I am expecting a rally up to the high volume sell area in the coming next few days. Im Feeling Bullish for Gold.

I chose my title as I feel its sits well, with everything happening In the market at present. Particulary when looking at the cryptocurrencies market. With the crash of billions in Luna and almost all alt coins crashing along with Bitcoin sharp decline It made me think that actually the last standing contestant may always be Gold.

Am I correct in saying Gods Money came before us and will last after us ? Or will technology outlast and upstage precious metals ?

Please share your thoughts

Disclaimer :
I am not a financial advisor and this not financial advise. Each individual is responsible for his/her own investments and trades. It is advises individals do their own due dilligence before entering trades.
Chart PatternsFundamental AnalysisgoldtradingTrend Analysisxauusdlong

免責聲明