Gold - Markets Outlook

Gold unexpectedly seems to be topping out after an impressive rally which started from the lows of Aug 2018 and a follow up clear uptrend year-start, up ~4% YTD. As the case may be, the far term Bullish projection of 1.350/1400 may still be in order albeit the short term bias turning Bearish tentatively. In light of this, Bigger Traders may just be waiting for fresh catalyst to come into the Markets which according to our timing should happen sometime in March 2019 where reasonable volatility is expected.

Trading opportunity
see chart.

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Yorum:

TYPO on Chart: TP2 is 1.288.55