Gold is in a clear uptrend and for the next weeks, any deep retracement or correction should find buyers, especially at previous resistance levels.
Note
Gold reacting on the upper trendline of the channel. A correction could be underway... Note
Maybe another upward move is on the way. Sellers couldnt follow up it seems, and the RSI has shifted to bullish as well...
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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.