Crazy Gold rally, minor pullback to 2315 may happen soon
Hello traders, Gold's rally has been nothing short of spectacular till now.
Almost, every dip has been bought by the market participants vigorously.
So, selling Gold is akin to "getting rekt" . So, at this point, I would recommend
traders to avoid selling Gold. However, there might be a pullback to 2315 level
as price seems very overstretched now.
For selling Gold, we need multiple bearish candles in the bigger timeframes.
Almost, every dip has been bought by the market participants vigorously.
So, selling Gold is akin to "getting rekt" . So, at this point, I would recommend
traders to avoid selling Gold. However, there might be a pullback to 2315 level
as price seems very overstretched now.
For selling Gold, we need multiple bearish candles in the bigger timeframes.
Kommentar:
So, far price is bullish in the lower time frames
