Gold is trading in a bullish trend on a daily. After the price set a new higher high, the market started a correctional movement.
I will expect the next bullish wave from the confluence zone based on a broken trend line and 2 horizontal structures: 1984 - 1991 support and 1943 - 1956 support.
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.