Our bias for GOLD still remains super bullish. As it can be noticed from the chart, the consolidation phase is slowly coming to an end and the price tends to continue its downside movement. If the price manages to close below the zone of support illustrated on the graph, we will be looking forward to opening SELL positions and aiming for the area plotted on the graphic!
Feel free to drop your thoughts and ideas in the comment section below, fam!
Feel free to drop your thoughts and ideas in the comment section below, fam!
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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.