After the 1930 local top, Gold started to correct as expected.
However, the drop is very anemic with dips being bought.
As longer Gold stays above 1900, as probable the finish of correction becomes.
Confirmation for a new leg up comes with the price back above 1915-1920 zone and is such an instance a new high becomes very lickely
However, the drop is very anemic with dips being bought.
As longer Gold stays above 1900, as probable the finish of correction becomes.
Confirmation for a new leg up comes with the price back above 1915-1920 zone and is such an instance a new high becomes very lickely
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.