Long
Gold- daily chart
Gold price has broken 3 times the 1890$ price barrier, but it never fell below the 1680$ resistance level. At the beggining of june, the price fell dramatically to 1770$, and now it is slowly going up again, forming an ascending triangle. This bullish trend is also sustained by the RSI indicator which is at around 50 points, and still going up. So, I think that gold has all the chances to break the 1890$ barrier again, until the and of the summer.
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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.