Gold consolidates below the 1866 level, consolidation in the short zone prepares the price for the move to 1835
1) Consolidation in the area of 1866-1856 can send the price to 1835 in the near future 2) We focus on the support level of 1856-1854 to open sell orders 3) The local trend is bearish and the price is in the phase of implementation of the set "bearish flag".
It is worth focusing on a breakdown of the support of the local consolidation to open sell orders.
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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.