GOLD | OCTOBER FORECAST
The precious metal has a bad history of performing in Oct. For the last ten years; (2012 - 2021)
Bulls came out as the winner: 04
Bears came out as the winner: 06
This Oct'22 will remain bearish so sell on strength should be adopted.
As far as chart patterns are concerned, Gold has formed a double top near 2070 and just recently broke the all-important neckline support of 1680. The long-term target will come out to be 1300.
Trade your levels accordingly.
Bulls came out as the winner: 04
Bears came out as the winner: 06
This Oct'22 will remain bearish so sell on strength should be adopted.
As far as chart patterns are concerned, Gold has formed a double top near 2070 and just recently broke the all-important neckline support of 1680. The long-term target will come out to be 1300.
Trade your levels accordingly.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.