Gold - Long temporary
Price is trading within a ascending channel overall on a higher timeframe. But we can trade within the ascending channel. So currently price is on a temp uptrend within the ascending channel and I’m personally waiting for price to retest the .382 fib level and then continue up temporarily.
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.