In the larger view, gold has formed a two-peak pattern and is fluctuating in the range of the neck line, and we should be very careful about it, and it has entered a very good volume support in smaller times. It seems that we expect an increase in the short term, but if it does not break the trend line, we will see the declines towards the origin of growth.
Note
We are reaching the suggested target and after a little decline we will again decide whether to take the bullish path or not.Trade closed: target reached
I will provide a new update for the serious week
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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.