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My last gold TA has played out, the RSI is currently oversold on the weekly and it is likely to retrace a bit, however the bullish trend and the rising bullish volume indicate it will probably keep going until about 2400 sat, which will meet a top end trend line as well as a higher lvl on a bullish Fib.
If it dips, which it likely will, it should be a good time to buy it. I expect due to the overall bullishness 1750 would be my dip target, I expect it might finger down below this but not for any sustained amount of time.
The simplest strategy would be to HODL, however there are likely some profitable trades you can take advantage of here.
Fundamentally with the USD printer going Brrrrr , Gold is the safest bet.
If it dips, which it likely will, it should be a good time to buy it. I expect due to the overall bullishness 1750 would be my dip target, I expect it might finger down below this but not for any sustained amount of time.
The simplest strategy would be to HODL, however there are likely some profitable trades you can take advantage of here.
Fundamentally with the USD printer going Brrrrr , Gold is the safest bet.
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