Good day Traders. Gold has been consolidating for some while now. With all the fundamentals and market manipulations, market is unsure about the direction. Having said that, in my opinion, the chart however is trying to make a bearish flag pattern. It is still sooner to say it for sure but my bias is shorting gold from 1987 area to at least 1936. Good luck. Not a financial advice.
Trade closed: target reached
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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.