Gold is creating and ascending channel with strong bullish candle @ 1720 and and @ 1757 which now broke the 1780 resistance. According to what I'm seeing, the price might bounce just on top of the 200 SMA ( in red) before attempting to retest the 1830. However the bears might come in around 1806 but price is strong bullish at this point.
Please let me know your views.
Please let me know your views.
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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.