Gold is currently trending within a falling channel, with the upper resistance indicating an upcoming drop towards the 1980 level, in the short term. For a bullish trend to emerge, gold would need to break out of this channel and surpass the upper horizontal resistance.
In my opinion, Gold's price will drop towards the lower support level.
Stay tuned for further updates.
In my opinion, Gold's price will drop towards the lower support level.
Stay tuned for further updates.
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Register on WEEX and Blofin and trade with me: 👇
support.weex.com/en/register?vipCode=bamn
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
support.weex.com/en/register?vipCode=bamn
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
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.