Gold is at a solid resistance level at the moment, And we could see a slight pullback into our support and resistance zone ( green box ) before price then smashes through our key resistance level again, After 4 days of bullish movement the buyers need a little rest before they get going again.
Long term we can only see gold moving upwards as we have explained in previous posts about the s#it the American economy is in... They just don't want you too know so they try pulling the wool over your eyes, and most people believe it, most people these days would believe that a chocolate teapot is a good investment.
Most the clever people can see through the s#it the Government feeds them and they are running out and investing in gold whilst the dumb people sit around and wonder why they cant play the xbox in a power cut... mongs.
So we are UP UP and AWAY on the long term gold outlook, with a possible pullback coming.
Entry, SL and TP are reserved for our clients, message us if you would like to join.
Long term we can only see gold moving upwards as we have explained in previous posts about the s#it the American economy is in... They just don't want you too know so they try pulling the wool over your eyes, and most people believe it, most people these days would believe that a chocolate teapot is a good investment.
Most the clever people can see through the s#it the Government feeds them and they are running out and investing in gold whilst the dumb people sit around and wonder why they cant play the xbox in a power cut... mongs.
So we are UP UP and AWAY on the long term gold outlook, with a possible pullback coming.
Entry, SL and TP are reserved for our clients, message us if you would like to join.