cozzamara

GOLD: an opportunity between the lines?

TVC:GOLD   CFDs on Gold (US$ / OZ)
Hi Guys, I don't know yet but GOLD may be targeting 1230 again. If it doesn't make an H&S I may be looking for potential profits between the two black horizontal lines. It depends where the next high will be made. Be careful and take control of your trading. Ciao

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.***
Thank you for following and for sharing your ideas.

Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Comment:
This is the DXY 1hr chart: historically if the USD strenghten, GOLD weakens as an inverse correlation rules these two markets. I would look more correlation with the moves of BTC if you search for similarities. Thank you for your comments and for viewing my post.
Reply
Dxy is also having similar chart
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jaydhindsa WasiRehman
@WasiRehman, by "similar" do you mean opposite?
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