Gold Weakening
Gold shows a bearish momentum however currently gold traded above and near uptrend trendline. If gold success break below trendline, gold will continue to drop and the support zone is at range 1241-1237.
Gold currently traded below kumo cloud and tenkan sen is below kijun sen line. This shows the bearish signal for gold.
Chikou span is currently below the price which indicates bearish momentum.
Gold currently traded below kumo cloud and tenkan sen is below kijun sen line. This shows the bearish signal for gold.
Chikou span is currently below the price which indicates bearish momentum.
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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.