Hello Traders,
Gold is forming an ascending triangle and whenever price gets to the trend line support we get to see a strong upward movement.
According to this technical analysis it is highly probable that gold is going for trend line resistance at $3440.
This analysis is purely technical and does not contain any fundamental aspect.
Gold is forming an ascending triangle and whenever price gets to the trend line support we get to see a strong upward movement.
According to this technical analysis it is highly probable that gold is going for trend line resistance at $3440.
This analysis is purely technical and does not contain any fundamental aspect.
Note
price could not break the trendline support and after testing it for some days price has finally reached $3400. 
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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.
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.