Long term GOLD trend
Combinating pitchfork and fib retracement analyses, we could say that the gold price will be moving between ~1265 and ~1485 USD in the following months. A price below 1265 has a low possibility, unless something unexpected happens in the world politics. A price trend upwards from 1485 is well possible, but also a change of the trend direction.
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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.