XAUUSD Gold price forecast - loneliness and large profits - Commodity Trading Today
It is the last day of the first month of 2019. Gold prices have been soaring, as if to celebrate the New Year. Many experts and investors who have been expecting gold to rise are cheering.
Gold prices are at a very unstable spot. It's high up in the air. We need to think about what the engine is to launch gold into the sky.
I do not know how high the gold price will go up. It may go over $ 1330. However, in my opinion, it is likely to make a peak today or tomorrow.
Perhaps there are many who laugh at my opinion. If so, it proves my expectation is right. If gold prices go up, I will sell today, and tomorrow I will sell too. Compensation for my loneliness will be large profits.
[Gold price daily chart, XAUUSD]
Gold prices are at a very unstable spot. It's high up in the air. We need to think about what the engine is to launch gold into the sky.
I do not know how high the gold price will go up. It may go over $ 1330. However, in my opinion, it is likely to make a peak today or tomorrow.
Perhaps there are many who laugh at my opinion. If so, it proves my expectation is right. If gold prices go up, I will sell today, and tomorrow I will sell too. Compensation for my loneliness will be large profits.
[Gold price daily chart, XAUUSD]