Long

Gold- Long term Trend

92
$CURRENCYCOM:GOLD, GOLD1! Gold is considered a safe investment when the equity market is very high. And Indian stock market has seen a tremendous rally without any significant corrections. Hence, while reviewing chart patterns in gold prices, I could see a classic Cup and Handle formation on the weekly chart suggests we could see a trend reversal in Gold in upcoming months.

I will be happy to hear suggestions about my analysis and observation.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.