GOLD: Not likely to drop yet?

8 ביולי 2020

Looking at the GOLD commodity, it seems that more and more investors are running to it due to currency pair uncertainty. The Gold spiked LONG yesterday reaching a high that was previously reached since 2011. However the current price level is very tricky and could likely reverse and drop, reasons for this are unknown yet. But for now since we know that Gold is a very HOT commodity presently let us keep holding our LONGS, until we reach the previous structure highs (in 2011).