A piece of beautiful TA on the weekly gold chart. The rising yield this week continued to put pressure on the already-correcting gold price. The question is, how long the Fed will allow the yields to rise? Beware of the upcoming inflation, be prepared.
To all stackers: You will never regret buying on the lower trend line of the flag. Rethink your position if we lose 1750 in a meaningful way.
To all traders: Wait for the breakout of the channel to get in. Don't worry it won't be too late.
* Disclaimer: not an investment advice
To all stackers: You will never regret buying on the lower trend line of the flag. Rethink your position if we lose 1750 in a meaningful way.
To all traders: Wait for the breakout of the channel to get in. Don't worry it won't be too late.
* Disclaimer: not an investment advice