AktiePremium

Bullish momentum 2120 continues

Long
AktiePremium Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
As regards we bounced from support area now gold gradually going upward direction momentum before any position just read disclaimer near term 2120
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simple is best , complex line is just waste of time no one can understand hangupp guys trade is active thank you
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Looks good intact targets
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testing support peoples waiting to get back to below 2 k but it is just not the case
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Strong bullish momentum forming now be patience
do your own research also , complex analysis is waste of time simple work every one can understand is best good luck
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Fundamental Analysis of Gold
The outlook created by the fundamental analysis of the gold market remains strong with the growing uncertainty in the world economy and rapidly expanding money supply. As governments try to cope with financial turbulence, they print more and more fiat money (money that is not backed with material assets). This fuels inflation that eats away government bonds yields. If the yields themselves are lower than the inflation, then you actually lose purchasing power by holding these bonds. In such a situation, investors switch to assets they believe will allow them to preserve their wealth. Gold is precisely one of such assets.
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Wicks are not considered as a trend or momentum is just liq the position continuation of upside momentum good luck
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My this setup is highly intresting to shootup the momentum intact targets are active any time soon this will happen good luck
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My target personal targets for longterm senario are above 2300 usd some where 2350 usd mid term and highly lighly 1st half of the year this will happened
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As regard correction always possible it is beauty of heathly market almost 0 leverage is recommendation from Aktie use always SL

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