¿Bearish scenario for the Gold?
What is the idea that gold gives us for the long term? A bearish scenario, with a monthly giving a "recoil" that this is the one that should put in doubt, if it will be the retracement to continue its upward trend or is it the moment that will be in charge of looking for the lower parts of the chart, after we have already taken the liquidity from the upper part. All this accompanied by setbacks to the upside that will give hope of continuity of its trend.
Can we expect a recovery of gold? I would like it to recover to $1800 to continue falling.
To accumulate in the long term, the ideal areas (personally) are: $1,350 as the first option, $1,000 as the second investment area, and in a fairly demanding scenario for gold, $870/900 usd.
Can we expect a recovery of gold? I would like it to recover to $1800 to continue falling.
To accumulate in the long term, the ideal areas (personally) are: $1,350 as the first option, $1,000 as the second investment area, and in a fairly demanding scenario for gold, $870/900 usd.
We have the recovery we expected, 1800 usd.
What do we aim for gold?
Personally I would be confirming in 1D and 4H Temporality to take any position.