Gold has breached the support line and dipped down for a short while (Yellow lines) and then came back and now gradually rising in an uptrend. It will probably rise by 1-2% on Monday & Tuesday but then might go through a short drawback to then continue its journey to 1800 reaching its new resistance line.
What do you guys think? Im new, I like going simple. Would appreciate some likes for reputation points :)
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.