The Gold makes a new pullback in a support zone where the confluence with the 50% Fibo from the previous minimum will help the price to have a new bullish impulse. The Gold is still inside a raising channel and the dynamic trendline is working as Dynamic support for the price where rebound a growing. Our forecast, looking at the economic scenario plus technical analysis is Bullish.
Note
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.
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.