Gold is forming a perfect structure, large bull flag with a retest of previous breakout range. Longs should be taken around 1836 with SL below 1827.
If we break and hold below 1830 the bearish momentum might accelerate and aim for 1783 before a strong bounce.
Target by November is 2300
If we break and hold below 1830 the bearish momentum might accelerate and aim for 1783 before a strong bounce.
Target by November is 2300
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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.