Posibilities. Market still in a uptrend. Looking for bearish wave after break support channel. Notice the market did not form HH(Higher high). Wich may indicate weakness in the bullmarket. A break above the resitance trend might send gold higher again. If it can stay below posible goLd will fall towards 2625 bearish target.
Waiting for priceaction atm.
Resistance: 2668, 2685(ATH)
Support: 2653, 2640, 2631
Waiting for priceaction atm.
Resistance: 2668, 2685(ATH)
Support: 2653, 2640, 2631
Note
Update on gold. Information is on the chart. We might see a further grow for gold.
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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.