Gold is attempting to breach resistance today at the 61.8% retracement of the April decline / record high-day close (HDC) at 3355/80- watch the close.
The advance marks a breakout of the July opening-range and a topside breach here exposes the record high-close at 3432 and the record highs at 3500.
Initial support now back at 3355 with bullish invalidation steady at the objective monthly open at 3303.
-MB
The advance marks a breakout of the July opening-range and a topside breach here exposes the record high-close at 3432 and the record highs at 3500.
Initial support now back at 3355 with bullish invalidation steady at the objective monthly open at 3303.
-MB
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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.