XLaboratories

LONG TERM GOLD SETUP

Long
COMEX:GC1!   Gold Futures
Summer is a good time to buy gold and keep it till late autumn, it can save us from the wild swings of other markets-
during the summer the gold market is moderately bearish because of new drillings, low trading volumes, poor demand. this setup is only for a long-term trader who need some safe harbour to dock during the storm.

Disclaimer

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.