Gold reaching monthly resistance area for a pause or a pull-back.
Trade active
Gold touched the big resistance area and retraced. Time will tell if we get a full reversal.Trade active
Resistance area still in play. The more often the area gets violated the weaker it gets. For now the February candle is an inside bar continuation candle.
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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.