For all the hopeful gold bulls out there I don't think that it is quite ready to breakout of this consolidation area just yet.
Gold should fall only after hitting the resistance area.
Critical support $1122 should hold and then the next major move up (breakout) should finally occur.
Gold should fall only after hitting the resistance area.
Critical support $1122 should hold and then the next major move up (breakout) should finally occur.
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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.