Looks to me like this bounce will go a bit higher. It may even double top, gold and silver has a tendency to do that at the top.
Not playing it. Too unpredictable overnight, Asia and EUrope don't always seem to be on the same page with gold, silver, and cryptos. Then again I suppose they weren't on the same page with index futures last night, lol. At least index futures will bounce back up unlike cryptos.
Not playing it. Too unpredictable overnight, Asia and EUrope don't always seem to be on the same page with gold, silver, and cryptos. Then again I suppose they weren't on the same page with index futures last night, lol. At least index futures will bounce back up unlike cryptos.
Note
Hit my target and starting to drop again. Did not play it because GLD options premium is very high right now.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.