AdelMohamed

Fishing for low entries levels would be the trade of the year!

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
In light of increasing military & political conflicts, gold price would likely be heading for historical new highs, let alone Federal Bank intention to cut interest rate & a slowdown in economic activities as a result of Central Banks's war on inflation.

Sharp moves higher in gold price become a high probability at any time in the years to come, trader should carefully consider building up long positions.

Good Luck!

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.