Still trading sideways within this big triangle. We expect a move of 15% in the breakout. Buy on the support line of the triangle or sell at the resistance level with a stop loss of 3%. Definitely, the upcoming interest rates hikes will shake futures contracts on Gold in the coming months.
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.