NOTED! ✅-GOLD- Aft... dari tebuanempire

NOTED! ✅-GOLD- After bottoming in late November, gold prices rallied nearly $200 to resistance surrounding the $1960 level. The selling that began Wednesday was directly related to the breakout in the 10-year above 1%. By Friday, the selling turned into panic once gold slipped below $1875. I see two potential scenarios over the near-term. Longer-term, gold is going much higher; of that, I have little doubt.

Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.

1 - (SCENARIO 1) This is just a normal mid-cycle pullback that was exacerbated by overleveraged traders (shaking out the weak hands). In this scenario, prices should find support between $1820 and $1840 and turn higher.

tebuanempire