The gold opened low but climb throughout the Asia session and reached the equilibrium level at 1856.
The price has clearly broken above a 1-week resistance and may continue so within its current 2-month rising channel.
Wait for a pullback to 1842 to buy in again, targeting the equilibrium level at 1856, and then the top of the channel at 1871.
The price has clearly broken above a 1-week resistance and may continue so within its current 2-month rising channel.
Wait for a pullback to 1842 to buy in again, targeting the equilibrium level at 1856, and then the top of the channel at 1871.
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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.