Gold has just put a pretty strong bullish engulfing on weekly chart that could push price higher for a while.
Anyway, on daily chart gold is approaching a nice area of resistance.
Let's wait and see how price will behave in that area: having rencently broken support, short side is still preferred.
Anyway, on daily chart gold is approaching a nice area of resistance.
Let's wait and see how price will behave in that area: having rencently broken support, short side is still preferred.
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.
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.