Hello I hope you have used and benefited from the previous analysis.
According to the previous analysis, as well as the decrease in inflation in the United States, gold was able to successfully pass the 1800 level and continue an upward trend.
Gold has now formed an ascending triangle towards 1840. And the price after hitting the ceiling of the channel is now moving towards the bottom of the channel and the support of 1800.
As you know we are in the most fundamental week of the year. We will have the interest rate today. So try to preserve your capital, don't be greedy, don't trade blindly.
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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.