Gold seems to be in a bearish wedge, once we break the wedge and cross 1258 support level, we could be heading down to the 1230 levels. An ADX cross would be a good confirmation of the bears momentum.
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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.