peter_jackson

Update on GOLD $GLD

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
Price action looking to complete the right hand shoulder pattern. If we do complete this and not breakdown further, we are going back to the 2020 ATH and on target for a run to $2500 - $2900.
Trade active: The double bottom has been made. We should spring back into the right shoulder arc and resume higher. This will probably only play out if we see the 10Y Bond yield fall a little and the dollar weaken. It may not need both do do so, but lets see.

Comments

That would be great
+2 Reply
good
Reply
Great work boss
Reply
peter_jackson AlkalineFX
@AlkalineFX, Thanks
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out