After breaking the medium term uptrend to the downside and retesting the trend line, Gold is now in an established bearish channel.
Note
tradingview.com/chart/sVCC7I7r/If price breaks support and retests this level as resistance, this is a good time for a short entry.
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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.
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.