Gold has finally come back to test its major support zone, looking closely we see 2 separate indications of hidden bullish divergence on the weekly chart. I believe Gold is ready to make a nice reversal in the coming weeks/months.
Note
To those that stuck to the plan and got in on the support retest at $1,700 congrats! Gold is looking good, we could see new highs in the weeks/months to come.
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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.