CFDs on Gold (US$ / OZ)Updated Action point reached!
It is time to watch this closely! Price broke the 1 year old trend line. But we still have strong support to deal with, and the 100 EMA. A daily close below those two, and a retest, should be a great shorting idea. If not we may have another led up.
Note
And that's how it goes when prices break an old trend line! Many stop losses helped this move down!
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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.