Seemingly in a huge, extended diagonal wave, Gold's current price action has given me indication that it should face heavy resistance near the range of $1970 during next week's trading period. My expectation remains that Gold will descend below $1800 in the weeks/months ahead before finding support and reaching for a new ATH. This asset will continue to be monitored via the Digital Surf Trading Community.
Surf well.
Surf well.
Note
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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.