SPDR Gold Trust
Long

Good buying opportunity

137
Markets breaking to All time highs except Nasdaq. Not exactly what you want to be seeing.

Gold in the process pulled back to a zone of demand. This zone along with the trend-line from August highs now acting support gives reeason for buyers to come in.

On 4hr candlestick chart, there was a green inside candle after touch the demand zone. On lower time frames showing signs of reversing/bullish.

I expect to ride gold back to 183 and see what happens from there these next couple of days/weeks.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.