Will this be the next target for GOLD?

Long

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

Updated

OANDA:XAUUSD Gold Spot / U.S. Dollar

Trend Analysis

trendanalysis

Saw something on the chart, just having some fun. Lets see where gold ends up going 3rd quarter of 2020.

Comment:

I meant to say 1st quarter, cause this does looks like our first quarter target for 2020.

Comment:

1500 support, then 1700.

Comment:

On our way to the target.

Comment:

we hit that nasty resisting uptrend again like we did at the beginning of Jan. I think the gold sell trade for the near term is on.

Comment:

I am expecting a pull back now.

Comment:

The question is now.. If equities drop will gold finally become the fear trade we are all used too.

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.