The market is ranging after making impulse move at the resistance. In my opinion gold might go down to test support from the resistance because the market is forming a potential triangle pattern or it Night ranging market between 1990 - 1950 zone. I expect short term correction from the resistance.
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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.