Long Term Bear on Gold
Gold chart wise doesn't look the best of charts. With rising interest rates and the dollar looking like it will start to pull back in coming months. As months go on, Gold has become less of a safe haven, yes ok the markets are still in an uptrend but what we have seen in previous months is uncertainty, which is where gold usually comes into play.
The mass mined commodity isn't a scarce one and is absolutely exhausted.
NeroTree rates GOLD as a SELL with a $1,250 price target with $1,200 in extension.
The mass mined commodity isn't a scarce one and is absolutely exhausted.
NeroTree rates GOLD as a SELL with a $1,250 price target with $1,200 in extension.
Trade fechado: objetivo atingido
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.