Gold shot through the supply level at 1830 but face resistance at the top of a symmetrical triangle.
The recent bullish trend that has lasted for just over a month could be an upward consolidation of the previous bearish wave.
This week, we would preferably wait for the price to climb a little higher and look for a selling opportunity.
The recent bullish trend that has lasted for just over a month could be an upward consolidation of the previous bearish wave.
This week, we would preferably wait for the price to climb a little higher and look for a selling opportunity.
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Related publications
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.