TradingView
cheeracereed
Sep 26, 2020 12:02 PM

Time for gold to go higher? Long

GoldOANDA

Description

This is a great time to go long gold, with the increasing corona concerns, and the upcoming us election and geopolitical tensions.

Comment

SL around 1760.

Comment

Stop at B/E

Comment

To begin with, my target is around 2080-2150. However, I could see prices go to 2300, if the US real interest rate, goes to -2% or lower, which it probably will somewhere in the future if they want to turn their economy around.

Comment

I am adding here at 1902. I am expecting a very bullish upcoming week.
More