Set up for GOLD futures trade
The chart shows that GOLD exceeded it channel on the upside move and has now fallen into a correction. There is a developing possibility that a bottom was put in at 1865 in the spot contract last night during the zero hour. If not we will likely have to test down to the bottom of the channel.
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.