As price spiked last days due to US and Iran conflicts, reaching top of the weekly channel, we could see price going down after completing Head n Shoulders pattern...
In other case scenario, we could see price going up and breaking the weekly channel as US and Iran conflicts continues...
So at this point trading GOLD is risky, as we cant predict further conflicts...
Trading GOLD will be safe again when US will make a deal with Iran...
In other case scenario, we could see price going up and breaking the weekly channel as US and Iran conflicts continues...
So at this point trading GOLD is risky, as we cant predict further conflicts...
Trading GOLD will be safe again when US will make a deal with Iran...