CFD Oro (US$/OZ)Long
GOLD
Aggiornato
Measured move,
Basing from 2014 to 2019.
Fibonacci extension from the 19' low to covid run gives a measured target of roughly $2500 USD
also bullish flag pattern has the same target.
Once of the strongest looking sectors IMO.
Basing from 2014 to 2019.
Fibonacci extension from the 19' low to covid run gives a measured target of roughly $2500 USD
also bullish flag pattern has the same target.
Once of the strongest looking sectors IMO.
Nota
Gold has pulled back, but I think its just climbing a wall of worry.The fundamental thesis behind it have never been stronger.
Nota
Pulling back to 200 WMA
still just backtesting on that bullish flag.
DXY still rallying.
Nota
DXY pulled back.
Pulled back to 200 WMA ?
Nota
Gold having a good run, macro backdrop is turning in golds favour, my largest and highest conviction thesis.
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