Gold rally this summer
Buyers are in strong control of gold_ market since July. Sellers did their best to reverse the trend, but the results of the events supported upward price action at critical times.
Today we have a daily opening with gap, 1337 resistance might be the 5th opportunity of sellers to change the trend. Maybe by the help of a possible dovish ECB this week??? (I personally expect so).
Today we have a daily opening with gap, 1337 resistance might be the 5th opportunity of sellers to change the trend. Maybe by the help of a possible dovish ECB this week??? (I personally expect so).
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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.