Gold ended the uptrend by breaking the upward trendline and hit our 1st target.
It has now completed a pullback to the BOS area. Depending on how gold reacts to this area, I will be looking for a potential short trade with entry at 2,898 with a target of 2,832.
Always place a stop-loss, especially due to the ongoing economic uncertainty at the moment!
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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.