TradeXMBL

Gold is at a boiling point who wins?

Long
TradeXMBL Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Looking at the charts, the macro data and overall sentiment in the world (Canada vs India, Azerbaijan vs Armenia, Russia vs Ukraine, China Vs Taiwan & US)

I can see we are going into a time of hardship and stagflation with WW3 being imminent...

Therefore long term I will see gold to reach 2050 by 2024 and 2200 by 2025 should we continue to go this way.

Any drops on gold should be bought until we reach 1880's at that point gold is a strong sell.
Comment:
Played out perfectly!
Comment:
Looks like gold is going into range trading, buy 1910's sell 1930's until more news from the US come through.
Comment:
Gold at the supply zone, time to buy, SL just below the supply zone, I believe Gold will stay in range as Government shutdown looms

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