Gold Spot / U.S. Dollar
Long

XAU/USD Idea

82
for a bit more clarity on the previous updates. gold has not broken below the pennant support, which gives bulls a high chance of carrying the shiny metal upwards. If breaks and holds below the 1710 level then opportunity to sell until the falling wedge line at around 1680.

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.