Gold has hit resistance at the top of its channel, but probabilities suggest another attempt higher is coming. Before that, we could see a move to the other side of the channel, presenting opportunities for both short- and long-side trades. The bigger question isn’t if gold will go higher, but when.
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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.