Hi Everybody,
As we see the gold price is in a descending channel now after breakout the triangle above.
I believe the price will fall until the purple area unless it breaks the channel. After this retracement the price will probably go to 1700 levels again.
Wish you luck !
As we see the gold price is in a descending channel now after breakout the triangle above.
I believe the price will fall until the purple area unless it breaks the channel. After this retracement the price will probably go to 1700 levels again.
Wish you luck !
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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.