quantguy

Best Gold Trading Ideas

Long
COMEX:GC1!   Gold Futures
Gold continues to rally, having stalled at the psychological and technical level of $2000. The Kovach OBV has flatlined, indicating that it may range for a bit, feeling out new highs. Avoid fomo-ing into a trade here. Although we are still bullish of gold, a retracement is to be expected (and even necessary) for the sustained appreciation of this product. Watch the levels identified. Obviously $2000 will provide significant resistance so keep vigilant

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