Possible Gold Bull Run Again?
Looking like we are approaching that 1900 level again after todays crazy drop!
If like last time we have some strong and good rejections at the 1900 level which i think we will as we are in an uptrend.
I think we can go back to the 1935 level and possibly to a new high of 1966, maybe just giving 1970 a touch.
I will personally be looking the buy around the 1900/1901 level and try to take my profits at 1935, but i think another new high is possible (1970)
We do have NFP and some other data tomorrow which could completley invalidate my analysis or could aid in it becoming possible.
Good to watch out for the data and adjust our view accordingly.
Just an analysis based on what i can see now and what may be to come.
Appreciate all feedback
All the best
If like last time we have some strong and good rejections at the 1900 level which i think we will as we are in an uptrend.
I think we can go back to the 1935 level and possibly to a new high of 1966, maybe just giving 1970 a touch.
I will personally be looking the buy around the 1900/1901 level and try to take my profits at 1935, but i think another new high is possible (1970)
We do have NFP and some other data tomorrow which could completley invalidate my analysis or could aid in it becoming possible.
Good to watch out for the data and adjust our view accordingly.
Just an analysis based on what i can see now and what may be to come.
Appreciate all feedback
All the best
Feragatname
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