Micro Gold Futures
Short

8.18.2024 Gold Extended To ATHs

51
Gold has extended to all time highs. It has broken through out top zone, so we no longer have a top zone as resistance.

Drew a channel on the chart that it may turn at. We will need to see a change in structure (Lower Highs/Lows) in order to short it, back to out previous zone it had broken.

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.