Gold is in bullish trend but I don't think the path is so straight. Right now, I am monitoring the close of this 4hrly candle. If it is closed in red, price may go down to 3057. However, if it closes above 3087, price will continue to shoot up.
However, I feel the chance for it to retrace is higher. Let's see what the market will give us.
However, I feel the chance for it to retrace is higher. Let's see what the market will give us.
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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.