StJuliansBay

Gold long 2022$ 2054$ 2100$

Long
StJuliansBay Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
expecting the metal to hit targets of $2022, $2054, and possibly $2100 in the long term. The optimistic outlook is driven by lowering interest rates, at least in the first phase upcoming bull market, otherwise hedge against volatility.
Trade closed: target reached:
TP1
Comment:
TP2 reached
Trade closed: target reached:
TP 3 reached
Comment:
I lean more towards the continuation of this trend, especially after Powell's speech, with a small shakeout beforehand, but I haven't committed to anything yet.
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.