Gold XAUUSD is forming an ascending wedge on the daily chart. XAU might reach 1244 -1261 at the end of the year. Then back down first quarter of next year. Assuming this trade war will continue, with DXY DXY going up XAU will continue to go down, target 1140 next year
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.