XAUUSD Hitting 44 year Resistance
Gold is currently hitting a key resistance area that goes back to 1980 (44 year) trendline.
Some time may be required to correct and absorb this recent bull move. However, I would not be selling out of it completely if that's what one wishes to do with this information.
I prefer people read this chart as a good way to set their expectations in case Gold stalls for a while to prevent them from panicking out of this position.
Longer term I remain bullish on gold. Especially with Trump the 6-time bankrupt "businessman" being the 47th
Some time may be required to correct and absorb this recent bull move. However, I would not be selling out of it completely if that's what one wishes to do with this information.
I prefer people read this chart as a good way to set their expectations in case Gold stalls for a while to prevent them from panicking out of this position.
Longer term I remain bullish on gold. Especially with Trump the 6-time bankrupt "businessman" being the 47th
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
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.