GOLD: A Profit Taking Moment

GOLD: A Profit Taking Moment

During the Friday gold reached 1932 with a very strong aggressive wave.

Also, the daily candle closed bullish and this correction today can favour the bulls
again for one more bullish wave.

The current geopolitical situation is not good at all and we may see Gold
growing again after this correction.

In my opinion we are only in a profit-taking moment and gold should rise
further again.

The first support can be found between 1900 - 1910

You may find more details on the chart!

Thank you and Good Luck!

Yorum:

Gold is holding strong. yesterday it moved from 1908 to 19021. I hope you managed to close any fast intraday profits

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Yorum:

GOLD - all reached and it may rise further - New Analysis