Gold has finally started it's last leg up, 5th of 5th on Weekly.
This can go another 3-5% to 90600, 9100 or so, or maybe slightly higher, however, when it ends, we are looking for a sharp fall, as an extended 5th with short retracement in 4th doesn't end well.
Lot of people would be trapped, and when it starts breaking levels it will create double pressure from bears shorting and bulls covering longs.
I am expecting around 75k.
This can go another 3-5% to 90600, 9100 or so, or maybe slightly higher, however, when it ends, we are looking for a sharp fall, as an extended 5th with short retracement in 4th doesn't end well.
Lot of people would be trapped, and when it starts breaking levels it will create double pressure from bears shorting and bulls covering longs.
I am expecting around 75k.
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.