Trading thoughts

0 14

This one is for those that like trading.

Am going to drop my trading view on Gold.

Gold has been consolidating on a support and resistance line on the weeks and daily chart.

Since Gold hit a record high of 2073 it has been raging as we can see in the chart above, but after this oversold movement am predicting a reversal in trend upward.

So I will be looking for possible entry reason to go long on Gold.

Disclaimer!!!

Trading on commodities is a risky venture, there us no guarantees, this is just a prediction, so I can't be liable for losses you may incur, thanks.

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