muhammadeebs

GOLD LONG BUY MONTHLY ANALYSIS

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The gold possible pullback on Weekly TF. Mapping since April 2021, still respecting the bullish uptrend, I would say it's still climbing up to 80 stoch line. Possible by the end of the year we could see it rose to TP4 or maybe making a new Higher High. The US still denies inflation, Gold is always a safe haven for investors during this time. Recovery is real, but it won't be as fast as too much damaged Covid-19 has hit the world. So keep HODL!
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.