XAUUSD (Gold) Weekly Candlesticks & Ichimoku Chart – LONG
Gold have broken out decisively on the weekly charts above resistance at 1365 – 1375. With most of the major central banks dovish and ready to inject stimulus, hard assets will continue to do well against fiat money. Buy on dips is the mode to be in!
Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.
Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd