Gold has been stuck in a range for about 92 days, and recently, price action within the range has become increasingly compressed.
This tightening suggests that a breakout in either direction could lead to the beginning of a new long-term trend.
This tightening suggests that a breakout in either direction could lead to the beginning of a new long-term trend.
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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.