Gold Spot / U.S. DollarUpdated Can we expect a bull
Considering the world's economic condition gold should continue its bull rally after the retest at around 1930 or if the trend is broken it may fall further
Note
when looked into 4 hour chart a candle reacted to the 1930 level but still its not strong enough to confirm a reversal, also there is a inverse head and shoulder pattern hidden there which may confirm a bullish reversal, hoping for a bull's run; awaiting fingers crossed
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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.