One of the important news for today is Trump speech during
the late New York session.
Here is my brief technical outlook for Gold ahead of that.
As we discussed on the yesterday's live stream, the price
is now coiling on a recently broken rising trend line that serves
as a vertical resistance now.
A bullish breakout of that and a daily candle close above
will provide a strong bullish confirmation and push the prices to 3430.
Alternatively, very bearish news today may trigger a retracement
to an underlined horizontal support.
Let's see how the market is going to react tonight.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.