Gold continues to go to the purposes which I designated long ago. Now I think the price moves to strong support 1890-1880 from where small correction is possible. If the price passes this level down, then further purposes 1860 and 1830. So far the price draws a figure similar to a triangle. If to consider that gold very much loves triangles, then it is quite probable scenario.
Information provided is only educational and should not be used to take action in the market.
Information provided is only educational and should not be used to take action in the market.
Trade closed: target reached
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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.