Gold is in an upward trend in higher timeframes, and to form this trend, we need to reach a position where buyers step in. At this moment, a slight pullback in the 15-minute timeframe seems logical, as we are in a small descending channel.
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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.