Gold bottoms out at confirmed support levels. Clear V-shape. Last time it hit this support it rallied for some $100. RSI is in good levels DEMA lines up.
Summary: Really high probability move. Should rally some 50 dollars. Set target below 50% fib which is historical resistance zone.
Risk level: largest probable drop in only some 20 dollars to long-term trend line.
Summary: Really high probability move. Should rally some 50 dollars. Set target below 50% fib which is historical resistance zone.
Risk level: largest probable drop in only some 20 dollars to long-term trend line.
Comment:
Made some money, lost more money. Trump killed it. Fuck Trump.