skokovjekoslav

Gold, trading idea for long entry

TVC:GOLD   CFDs on Gold (US$ / OZ)
5
Following FED and fat fingers trading, gold saw decline from highs, but gold bulls will return at levels that favor them. First at support level, and then, if that brakes, at the trendline.
This is just "normal" action following hawkish FED, but, lets face it, once gold market return to supports, there is no fundamentals that could break gold.

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.