As long as gold does not close above $1988.5 on a daily basis but stays below the red line, I believe a correction has occurred.
The targets are:
TP1 = $1920.85
TP2 = $1877.48
The targets are:
TP1 = $1920.85
TP2 = $1877.48
Note
Note
One of those two follows: either a red path or a blue path.$Note
Note
Chart 6 months:If by the end of the year, more precisely in the second half of the year, not a single month closes above $2052, then we will see a falling trend (red arrows).
Otherwise blue arrows.
Note
Note
If it falls below 1968.53, then it goes according to the red arrow.
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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.