Gold has been rejected 4 times at this resistance level and it's already showing a sign of weakness. If price breaks the minor internal trendline, i would be looking for a sell trade and my TP are at minor supports.
But if the price breaks the market structure above the descending trendline, i would be ready to go long on this trade
But if the price breaks the market structure above the descending trendline, i would be ready to go long on this trade
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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.