In 6 August 2020 the gold has made all time high and then began to fall. On reaching the support level of 1764 in 1 Dec. 202 it again rose to the level of 1959 forming a falling wedge.
Now the price will rise to the resistance line of 1764 and drop towards the support level of 1620 which will be our target.
Now the price will rise to the resistance line of 1764 and drop towards the support level of 1620 which will be our target.
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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.