THE GOLD IS CONSOLIDATING AROUND THE DAILY SUPPORT AREA
IF IT BREAKS OUT OF THE DAILY SUPPORT AREA, EXPECT A CONTINUOUS RISE TO THE DAILY RESISTANCE AREA
IF IT DOESN'T BREAKOUT, THEN THE CONSOLIDATION OF GOLD WILL LEAD TO BEARISH CONTINUATION TO THE SUPPORT LINE OF THE DONWTREND CHANNEL
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IF IT BREAKS OUT OF THE DAILY SUPPORT AREA, EXPECT A CONTINUOUS RISE TO THE DAILY RESISTANCE AREA
IF IT DOESN'T BREAKOUT, THEN THE CONSOLIDATION OF GOLD WILL LEAD TO BEARISH CONTINUATION TO THE SUPPORT LINE OF THE DONWTREND CHANNEL
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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.