GOLD has been trading in a bullish trend .
The price has broken below the rising support.
The price has approached to horizontal resistance and bears get active active in this zone.
The Price has also retraced to 0.50 fib level from February high 2070 to recent low 1620.
We are expecting bears will take control from there.
Manage your risk accordingly.
The price has broken below the rising support.
The price has approached to horizontal resistance and bears get active active in this zone.
The Price has also retraced to 0.50 fib level from February high 2070 to recent low 1620.
We are expecting bears will take control from there.
Manage your risk accordingly.
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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.
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.