Gold- This correction should be bought

hace 6 díasIn my comment yesterday, I speculated about the nature of the breakout, as it had been clear after a month of testing the all-time high (ATH) that an upward move was imminent. The breakout was strong, suggesting more gains and new ATHs in the future. The new ATH is now set at 2570, and the price is currently undergoing a normal correction.

While the old ATH provides support, I don't expect a retest today or early next week. Therefore, short positions aren't advisable. Instead, look for buying opportunities around the 2550 level, given the market's strong bullish momentum.

hace 6 días

Operación activa

So far, dips have been bought.
Selling is very risky now