TrackRecordTrading

Gold – Broken out above resistance at 1365 – 2375

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold have broken out decisively on the weekly charts above resistance at 1365 – 2375. With most of the major central banks dovish and ready to inject stimulus, hard assets will continue to do well against fiat money. Buy on dips is the mode to be in!

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.