GOLD price overall is bullish indicating that bulls are in control of the market. However price is on consolidation at the moment but soon as price breaks the structure it well be heading for the previous highs 3,480.000 level before dropping to the downside forming a possible H&S pattern. 
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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.