Gold seems ready to resume its uptrend
Gold seems to have completed its corrective wave and ready to move back higher towards 2470.
A break above the previous all time high near 1920 would give even more weight to this call.
On the other side, a break below the recent low of 1810 would reduce our conviction.
A break below the uprising trend line near 1740 would invalidate this view.
A break above the previous all time high near 1920 would give even more weight to this call.
On the other side, a break below the recent low of 1810 would reduce our conviction.
A break below the uprising trend line near 1740 would invalidate this view.
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.