Peet_Serfontein

Gold $ spot: worth a risky long position above 1837?

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
💡 A BULLISH bias is applicable above 1837 (testing this level).
Upside target (LIKELY): 1849
Downside target (UNLIKELY): 1825
Downside price momentum remains a concern to the bullish trend. RSI is at 47.
Gold price can push to $2,200 as markets drunk on liquidity won't sober up in 2021 - Wells Fargo

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