https://www.tradingview.com/chart/X58na9Qv/
Two possible scenarios that can happen. Diagonal lines show possible support and resistance lines, while horizontal lines mark gaps that can be used as support or resistance. Also illustrated fibonacci retracements. Proper sequence should be observed.
We should see a rapid increase in the price of commodities in general. Gold should rally further, possibly above 1370 the next few weeks.
Two possible scenarios that can happen. Diagonal lines show possible support and resistance lines, while horizontal lines mark gaps that can be used as support or resistance. Also illustrated fibonacci retracements. Proper sequence should be observed.
We should see a rapid increase in the price of commodities in general. Gold should rally further, possibly above 1370 the next few weeks.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.