By examining the trend in the one-hour time frame, gold has broken the pattern of the downward angle to the top and now, by placing above the resistance of $2,740, it can increase in price up to the Fibo resistance of 78.6% at number 2,775.
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.