The gold also shows us the uptrend, but at the same time, if you look carefully, we can see the consolidation
1) The candlestick cloud, where the price goes down from the resistance and goes up from the support, starting from December 1, this is the consolidation 2) Price makes a retest of resistance 1824. 3) The close of today's candlestick will show if the gold is ready to go to 1870 or will go down to 1804. 4) There is not much activity after the holidays, so I expect the price may go down to 1804. 5) The potential is bullish. The trend is bullish. Looking for set-ups to buy
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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.