21 Jan – 22 Feb
$500 Contest
Fxprizes
The gold markets fell slightly during the session on Friday as we failed to crack above the $1700 level. However, we do believe the bullish momentum is with the gold buyers, and as a result we think that the $1700 level will eventually be broken. With this being said, a pullback that we see should be thought of as a buying opportunity as a long-term bullish market in the gold markets should continue. Obviously, a breakout above the $1700 level is a very bullish sign as well and we would start buying on a daily close if that happens.
21 Jan – 22 Feb
$500 Contest
Fxprizes
The gold markets fell slightly during the session on Friday as we failed to crack above the $1700 level. However, we do believe the bullish momentum is with the gold buyers, and as a result we think that the $1700 level will eventually be broken. With this being said, a pullback that we see should be thought of as a buying opportunity as a long-term bullish market in the gold markets should continue. Obviously, a breakout above the $1700 level is a very bullish sign as well and we would start buying on a daily close if that happens.
YOU SHOULD NOT TAKE ANY MATERIAL posted on this BLOG AS RECOMMENDATIONS
TO BUY OR SELL GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED.
TO BUY OR SELL GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED.
Do your own due diligence.
No one knows tomorrow's price or circumstance.
I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader.
I do not accept responsibility for being incorrect in my speculations on market trend.
I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader.
I do not accept responsibility for being incorrect in my speculations on market trend.
King Regards
