Hallo Tradingviewers, it has been a while since my last publicaction and I hope you are all right. It was the 30th of April when I read this article on Bloomberg by Tamim Elyan and Manus Cranny ( https://www.bloomberg.com/news/articles/...
). When this article was published, GOLD
just hit the $1.300 per ounce support for the last time. Two weeks later, on the 15th of May, GOLD
broke this support, tested it and on the 15th of June commenced the dive that took it where we are now: $1.227 (and going down at the time of writing). OK, $1.300 wasn't the best entry to target $1.800 but where is it? On the 29th of May “In Gold
we Trust 2018” was published (http://www.acting-man.com/blog/media/201...
) but it didn't help the precious metal to climb back above the $1.300. And so on the 15th of June it “crushed”. As a quick reference you may want to watch the short review made on youtube by Boubin2 and published on the 16th of June.
In conclusion: Stay alert, be carefull and know what you do!
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
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