Though gold long term bias is bullish, theres alway a rhythmic harmony between both sides. looks like gold is in a range. probable bullish continuation reversal off the demand confluence area (4hr demand zones, sell-side liquidity, order block and support) between 1957$ - 1925$. a break below this level signifies a downtrend. A retest at 1981$ - 2010$ is high probability. Future reaction is heavily dependent on upcoming economical data released from: FOMC, G7 meeting and unemployment claims. thread carefully.
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.