Bearish overall on Gold since we hit the ATH - Going down
Since hitting the ATH in October, we have been going downward.
We will go back up and hit a new ATH but not until a major correction so the "big guys" will buy more gold at a cheaper price. No big investors or corporate bunnies are going to buy gold at this price. We definitely see short term BUY scalps for sure, but nothing worth shouting over.
I entered a long term short at 2661 and I will ride that down until we hit my trend line. I will then reassess.
Overall: Bearish
We will go back up and hit a new ATH but not until a major correction so the "big guys" will buy more gold at a cheaper price. No big investors or corporate bunnies are going to buy gold at this price. We definitely see short term BUY scalps for sure, but nothing worth shouting over.
I entered a long term short at 2661 and I will ride that down until we hit my trend line. I will then reassess.
Overall: Bearish
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.