The gold is forming a rising wedge pattern, It is possible to break the bottom line of the wedge and fall to 1650 level. if you plan to trade long, it is better to enter at the 1650 level. If support is obtained above this level, gold can up to 1680 level.
Note
1650 level support is broke, looking bearish
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Related publications
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.