The price is expected to fluctuate above the current support area and then we will see the start of the upward trend.
If the price penetrates the support area, a downward trend is likely to form.
It seems that the recent long-term bullish wave in gold is coming to an end.
If the price penetrates the support area, a downward trend is likely to form.
It seems that the recent long-term bullish wave in gold is coming to an end.
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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.