Gold neutral

Stagnation period for gold

06 july 2022 47
Konstantin_Kochkin
Konstantin_Kochkin

Listed among the best MarketCheese authors
2nd in the segment "Crypto"
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Summer is considered a stagnation period for gold with reduced volatility, i.e. sharp spikes are not observed.

The metal is now trading at 1765.

If the hammer or doji star reversal patterns form today, and are confirmed tomorrow, then gold may rise to the levels of 1805 and 1850. Otherwise a decline to 1725 is likely to happen.

Konstantin_Kochkin
Konstantin_Kochkin

Listed among the best MarketCheese authors
2nd in the segment "Crypto"
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