peterbokma

GOLD-BUY strategy

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
No change in view.

We held the 1,704 very well, and now the current support is 1,695 GANN.

We are positive stochastic and RSI still oversold. We will be having a DAR moon phase starting today, and this also supports the view for recovery back to 1,785 at a minimum and likely 1,825.

Strategy BUY weakness 1,710-1,730 and take profit 1,790 for now.

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.