Gold is forming an interesting setup on the daily chart. The weekly trendline seems broken, and the yellow metal has just finished a pullback to a horizontal resistance-turned-support. Below the horizontal support, the lower wedge line should provide additional support if the first support breaks.
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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.