Gold has reached an important point. Top of a down trend channel, and a strong resistance.
So you need to wait before taking any position, to see if it could breake the channel and resistance. If yes, it could rise to 1960. And If not, it'd fall back into the channel.
So you need to wait before taking any position, to see if it could breake the channel and resistance. If yes, it could rise to 1960. And If not, it'd fall back into the channel.
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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.