Gold have been swinging lower for quite some time, but have so far failed to take out the 1200 area.
There are lots of stop orders below 1200, so a real break below should trigger a larger move to the
down side.
If it takes out 1280 to the upside, I will look for a pullback and a final target on 1560. stop is placed under nearest structure
Markets alternate between low volatility and high volatility. Low volatility is followed by high volatility. We are now in a low volatility environment. guess what comes next.
Final note:
If the pullback in stocks speeds up, gold should move to the upside!
There are lots of stop orders below 1200, so a real break below should trigger a larger move to the
down side.
If it takes out 1280 to the upside, I will look for a pullback and a final target on 1560. stop is placed under nearest structure
Markets alternate between low volatility and high volatility. Low volatility is followed by high volatility. We are now in a low volatility environment. guess what comes next.
Final note:
If the pullback in stocks speeds up, gold should move to the upside!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.