The_Lioness

Bullish on Gold Futures

Long
The_Lioness Updated   
COMEX:GC1!   Gold Futures
Hello everyone,
After breaking an important psychological level, and optimism of bonds higher, Gold seems poised for stability at current levels and may continue higher.
Being a classic 'safe haven' Investment, it's not surprising that currently investors will be looking to Gold.
Plenty of room for Intra-Day Traders to do well right now.
Happy Trading!

Comment:
Keep your eye on DXY, for the inverse.
As dollar is stronger, Gold is weaker.
Interest rates and other factors effect the dollar, so Gold is intimately tied to it's movements.
Same as NQ.
good luck traders
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.