Gold price break my Support taking a Swing trade from 1858 price. Will continue to hold this position for a nice profit.
Note
On the 4-hour chart for XAUUSD, the recent support level for Gold has been breached and is currently being retested. The charts show numerous wick rejections with no significant buying pressure. There is a potential for bearish continuation, but it's important to monitor the upcoming CPI news to avoid losses.
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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.