Macro Analysis of Gold 11/11/2018

dankh(57)
Published in
#gold
Words
58
Reading
1 min
Listen
Play
8y

When observed at a very large time-scale, it is a lot easier to see the bearish nature of price action in gold. Hope is not a trading plan, so although you would hope and wish that gold will go higher, we need to see this declining resistance line broken before we can get into a long-term bullish stance.

Macro Analysis of Gold 11/11/2018 | Ecency