Bullish rally continues on gold.
The market is currently trading within a rising parallel channel.
Here are the main key levels to watch:
- The closest support is based on a support line of a channel
and the confluence with a major daily underlined horizontal support - The closest resistance is based on the resistance of the channel
- The next major resistance is 1815 daily structure cluster
Key levels serve as save points to trade from.
While the price is within, it is better to stay away.
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✅Join My Telegram Channel: t.me/VasilyTrading
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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.