Gold hasn't been this high since the last recession. Had to put in new levels to pace the move. New zones will be created as the market continually moves up.
I don't think it's gonna stop any time soon with the economy devastated by the Coronavirus. This is ongoing. So this is may give god the opportunity to keep rising over time.
The most I'm looking for is a pullback before continuing up. I marked up targets for the short if it comes into play longer than expected. Here ya go:
BULL TPS:
• 1754.14
• 1769.64
• 1795.30
BEAR TPS:
• 1733.84
• 1725.92
• 1701.70
• 1686.70
I don't think it's gonna stop any time soon with the economy devastated by the Coronavirus. This is ongoing. So this is may give god the opportunity to keep rising over time.
The most I'm looking for is a pullback before continuing up. I marked up targets for the short if it comes into play longer than expected. Here ya go:
BULL TPS:
• 1754.14
• 1769.64
• 1795.30
BEAR TPS:
• 1733.84
• 1725.92
• 1701.70
• 1686.70
Trade closed: target reached
All BEAR TPs were hit on June 5th during the London session
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.
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.