Gold: pivotal point
Technicals for gold are suggesting a potential breakout of current bull flag pattern. A breakout above the upper trend line and a MACD above 0 would likely confirm. Still a decent chance of testing support 1800 within a few days/weeks. But RSI, MACD, test of 100 day MA, and cycles are looking bullish.
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.