We finally had a break of structure last week, and typically, after a break, we should expect a retest before a continuation. Now, with where the price is currently, I think we'll have a final push up to 2600, which is a psychological level for the all-time high on Gold, before we start seeing a bearish shift. A confirmation of this will likely push us to the downside for the retest.
Share your thoughts in the comment section.
Share your thoughts in the comment section.
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.
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.