On the daily chart we hit EMA 200 and the critical area of 1790-1795, as lons as we keep inside the channels there won't be any major changes yet.
Yields and USD are moving gold these days so always keep an eye on this correlated instruments. This could be a bull trap (bear flag as well).
Very interesting area to monitor. All the best.
Yields and USD are moving gold these days so always keep an eye on this correlated instruments. This could be a bull trap (bear flag as well).
Very interesting area to monitor. All the best.
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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.