Gold is currently sitting upon a major support level at $3290... Price still trading above the 50 SMA confirming the bullish market directionality and is currently in the sweet spot on the RSI between 45-55 indicating the retracement is nearing its completion upon the 4 hour chart... Awaiting a Long entry on the 1hour/15min timeframe per price action signal
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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.