Gold Expanding the Limits of the Range and Future Projections
***This is not financial advice of any kind. Any information that you take and act upon is at your sole discretion.***
The overall thesis here is that gold wants to dump to Covid Crash levels before setting new all time highs.
The Daily candle just closed above our average price area suggesting that we are going to be moving back up toward the previous high. Our initial short-medium term projection is still valid and through the course of the next two weeks will get much more clarity about which direction we're headed.
I am not trading a leveraged in gold, but have invested into physical bullion, so do with that what you will.
***This is not financial advice of any kind. Any information that you take and act upon is at your sole discretion.***
The overall thesis here is that gold wants to dump to Covid Crash levels before setting new all time highs.
The Daily candle just closed above our average price area suggesting that we are going to be moving back up toward the previous high. Our initial short-medium term projection is still valid and through the course of the next two weeks will get much more clarity about which direction we're headed.
I am not trading a leveraged in gold, but have invested into physical bullion, so do with that what you will.
***This is not financial advice of any kind. Any information that you take and act upon is at your sole discretion.***
