Gold - Sneaking out the downtrend Channel, Upside Next
Gold has clearly broken the downtrend channel, and bottomed out... Now, its preparing to climb higher
Trade active
Major Accumulation day at the bottom of the dayNote
This morning we have a bit of shake out, as the institutional buyers were aggressive to shake out any new supplies in the market. As the supply test was over, and the business is done, we can expect now Gold to resume higher..
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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.