Preferred direction: BUY
Comment: For gold, we will continue to adhere to the buy-priority in the short- and medium-term. It should be noted that with a short-term long, not everything is so simple, and catching a long is quite difficult. The price in every possible way throws the long trade out of the market by pushing the price beyond local minimums. Nevertheless, the medium-term situation is quite confident for the buyer and growth above 2040 is expected here. It is best not to forget about the short-term long, as in this case it will be possible to catch more points in the long with a smaller stop-loss.
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Comment: For gold, we will continue to adhere to the buy-priority in the short- and medium-term. It should be noted that with a short-term long, not everything is so simple, and catching a long is quite difficult. The price in every possible way throws the long trade out of the market by pushing the price beyond local minimums. Nevertheless, the medium-term situation is quite confident for the buyer and growth above 2040 is expected here. It is best not to forget about the short-term long, as in this case it will be possible to catch more points in the long with a smaller stop-loss.
Thank you for like and share your views!
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