Gold Analysis, via 4 Hour chart
Price bounced off that descending trend line 3 times and broke below the 1296.30 psychological level. Price is now heading down to the demand area. Let's see if it would either break or bounce away from the demand area.
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.