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Bullish momentum 2120 continues
As regards we bounced from support area now gold gradually going upward direction momentum before any position just read disclaimer near term 2120
Jan 23
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simple is best , complex line is just waste of time no one can understand hangupp guys trade is active thank you
Jan 23
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Looks good intact targets
Jan 23
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testing support peoples waiting to get back to below 2 k but it is just not the case
Jan 24
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Strong bullish momentum forming now be patience
do your own research also , complex analysis is waste of time simple work every one can understand is best good luck
Jan 24
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Fundamental Analysis of Gold
The outlook created by the fundamental analysis of the gold market remains strong with the growing uncertainty in the world economy and rapidly expanding money supply.
As governments try to cope with financial turbulence, they print more and more fiat money (money that is not backed with material assets). This fuels inflation that eats away government bonds yields. If the yields themselves are lower than the inflation, then you actually lose purchasing power by holding these bonds. In such a situation, investors switch to assets they believe will allow them to preserve their wealth. Gold is precisely one of such assets.
5 hours ago
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Wicks are not considered as a trend or momentum is just liq the position continuation of upside momentum good luck
(Source from: TV-AktiePremium)