Gold retesting 4h double top neckline.
Gold is on long term bullish trend FUNDAMENTALLY. But technically we see double top on 4h and 1h where gold closed below neckline signifying reversal of trend. Following strong rejection after breakout it's back to the retest,if bulls break support we might continue with buys. If not, gold will drop further to 2481 support.
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.
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.