It is necessary to point out the new resistance level 1291.60 - 1294.20, which contains large volume that has stopped the growth of the price. Now gold is trading a little bit below this mark. Given the sure growth we should give preference to long positions, but only after a breakout of this fresh level. The move should be sharp and supported by increased/large...
What a journey!!!
I have sweated and bled trading up the levels on the SPX500 in recent weeks. Fortunately my personal view and analysis set me up for the strongest positions possible. Taking long profits all the way to 2140 but that is where I am drawing theline.
Could we have a further higher level of historical price? Yes. Can I tell the future? No. Please...