Gold is still bullish as it tried to break the 3316 support but market supported gold at this position with high liquidity which shows investors in Gold. That also indicate that the investors are not taking profit right now. Market now if cross 3365 position then it will try to hit new high.
Currently market is working under the range and no breakout of either side has been witnessed so far. the breakout of 3287 support will push market into consolidation while the breakout of 3365 will push market to form a new high
Currently market is working under the range and no breakout of either side has been witnessed so far. the breakout of 3287 support will push market into consolidation while the breakout of 3365 will push market to form a new high
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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.