Careful, this could be a Rising Wedge in the 1H diagram. If it breaks down, the next level could be very low 1600s. If the primary trendline is broken up again, the odds are good again and should then go up according to saucers formation. Target level is then in the 2750s.
What's your Opinion about GOLD?
What's your Opinion about GOLD?
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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.