Let's start with the fact that gold is on an upward trend that has not been seen for years.
Gold will look for resistance at $ 1431 (for short term traders this is a buying opportunity).
As soon as gold reaches $ 1431, there are two possible scenarios:
1. The gold will break out of resistance and look for new records
2. The price of gold will correct and if you ask the Stochastic then it looks like we're going there.
Target: 1388.
Gold will look for resistance at $ 1431 (for short term traders this is a buying opportunity).
As soon as gold reaches $ 1431, there are two possible scenarios:
1. The gold will break out of resistance and look for new records
2. The price of gold will correct and if you ask the Stochastic then it looks like we're going there.
Target: 1388.