We finally got the break...
Aktualisiert
A good time for a chart update in Gold ... we are flirting in overbought extreme territories and here starting to unwind positions as we approach the next main targets in the swing at 1422.x
Dovish Fed via inflation is causing the break as markets are already starting to price a 50bps cut in July. The USD ship is turning ... if you are not holding some Gold from below now is not the time to start loading.
For valuation driven pullbacks we can comfortably add positions at 1360 and 1300 ... otherwise there are only very risky entries left on this train which has been moving at full speed. Smart money saw what was coming miles in advance.
All the best
Dovish Fed via inflation is causing the break as markets are already starting to price a 50bps cut in July. The USD ship is turning ... if you are not holding some Gold from below now is not the time to start loading.
For valuation driven pullbacks we can comfortably add positions at 1360 and 1300 ... otherwise there are only very risky entries left on this train which has been moving at full speed. Smart money saw what was coming miles in advance.
All the best
Trade geschlossen: Ziel wurde erreicht
Well done those that caught the break ... first targets at 1422 cleared!Trade geschlossen: Ziel wurde erreicht
Second targets cleared in Gold!
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.