Gold (Futures) contract appears to be forming a higher low pattern, with highs repeatedly testing the 3500 level. This indicates the formation of an ascending triangle. If the neckline breaks, the next upside targets would be 3572 and 3635. On the downside, a break below 3338 could lead to further declines.
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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.