Monitoring the Gold futures market looking for a further downside push to test bids below 1600 with descending trendline support and the 127% fib extension from the last upside correction, as long as momentum divergence is maintained watch for bullish reversal patterns here to engage on the long side looking for test of 1650 from below
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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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.