On the monthly chart earlier gold overcame a trend line (2143) up. However growth strongly slowed down, indicators showed a turn down long ago. I expect return of the price to a trend line in the nearest future.
Sale = 2394
Purpose = 2171
Information provided is only educational and should not be used to take action in the market.
Sale = 2394
Purpose = 2171
Information provided is only educational and should not be used to take action in the market.
Trade active
CCI on week chartTrade active
Overcoming down a trend line will be additional confirmation.Trade closed: stop reached
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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.