Possibly profit taking as a lot of chartist are expecting the gold price to peak at us$2080 and correct to us$1840 or even as low as us$1690. Nevertheless, nearly everyone expects gold to keep rising in the medium to longer term as a result of all the stimulus and money printing going around.
So any weakness is to me an opportunity to top up.
Textbook trade setup on NCM charts., page-59
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)