Gold’s correction complete?
Gold hit an ATH of 2148.9 and the last week was too dramatic for bulls but its time that bulls are gonna gain control and keeping the upcoming data this week(11 dec) gold hit its 50% fib retracement which might act as a strong support and good correction for xau
Also keeping in mind the economic condition of the global economy gold looks strong.
MY PERSONAL VIEW :
This month’s low will not exceed 1935 and for upside there is 2040 in the view
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.