Gold is making its way up to test the DTL that has been in place since the highs formed in August last year. Additionally there is massive horizontal resistance at the $1830 level. A convincing break and close above $1830 will set the yellow metal on fire! Keep an eye for the break!
Note
Dissapointing, another fake break out.. looks like gold will continue to frustrate the best of us
"If you do what you love, you'll never work a day in your life" - Marc Anthony
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"If you do what you love, you'll never work a day in your life" - Marc Anthony
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.