Gold – Lower high series continue
Gold_ price could not climb further above the Monday peak of 1306.
If it was able to reach above 1313_ level, that would be a bullish signal by a new higher high. But rebounding from 1306 level forms another lower high.
Lower high series starting from 1357 continues, and the bias is still bearish in my opinion.
If it was able to reach above 1313_ level, that would be a bullish signal by a new higher high. But rebounding from 1306 level forms another lower high.
Lower high series starting from 1357 continues, and the bias is still bearish in my opinion.
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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.