We have some resistance for a Down Trend.
But Gold's situation is so critic that it may have historical high any time close now, but if we have a downtrend This Line is a very strong point of a return.
And then It would go towards the historical high areas.
IMPORTANT NOTE: If there are any news when it's close to the price it has the possibility of breaking it and going a Short Sell Trend from the same price.
But Gold's situation is so critic that it may have historical high any time close now, but if we have a downtrend This Line is a very strong point of a return.
And then It would go towards the historical high areas.
IMPORTANT NOTE: If there are any news when it's close to the price it has the possibility of breaking it and going a Short Sell Trend from the same price.
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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.
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.