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Gold Futures (Aug 2020)

Gold Likely to Digest Gains Here

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This is the August (front month) contract in #Gold Futures. A big move is coming as gold is testing the top end of this rising channel for 4th time since July 27th. Technicals favor consolidation in short term down to rising support, setting up new highs after GLD GDX GDXJ
FibLines
Chart PatternsGDXGDXJGLDGoldTrend Analysis

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.
Chart PatternsGDXGDXJGLDGoldTrend Analysis
FibLines

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.