Strifor || GOLD-Week Starting
Preferred direction: BUY
Comment: Metals are still saved a strong buy priority in the long-term view, but also over a shorter distance, the buyer is likely to show their strength. Growth above 2200 is not being considered for gold. We are not changing our previous setup at the moment, that is, both scenarios are saved.
At the moment, scenario №1 is activated, however, given the busy week (Central Banks meetings), scenario №2 will most likely still be relevant.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for boost and share your views!
Comment: Metals are still saved a strong buy priority in the long-term view, but also over a shorter distance, the buyer is likely to show their strength. Growth above 2200 is not being considered for gold. We are not changing our previous setup at the moment, that is, both scenarios are saved.
At the moment, scenario №1 is activated, however, given the busy week (Central Banks meetings), scenario №2 will most likely still be relevant.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for boost and share your views!
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