Gold destroyed our previous analysis because of the insane bullish momentum from last week's news release. And this changed the bias totally. Gold hit an important level @2650 as there is no previous or historical resistance above level, price might keep going higher until a new resistance is formed.
Currently we are expecting a pull back to give new buy opportunities from the support area. Expecting gold to go higher.
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.