GOLD (XAUUSD) Reversal zone

601
The following analysis will be valid for a maximum of 48 hours and will need to be updated afterwards. Currently, gold is positioned at the resistance line, as observed in the image. There is a likelihood of a reversal from the current price, but it is more probable that the final reversal will occur from a higher region tomorrow, April 17. You know better than I do that it's advisable to adhere to investment management principles.

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.