Due to the tensions and trade war with the U.S., the price of gold is on the rise. Technically, it is also at a support level, which coincides with a Fibonacci confluence zone.
It is advisable to wait a bit before entering; candlestick confirmations could serve as confirmation for a long trade.
It is advisable to wait a bit before entering; candlestick confirmations could serve as confirmation for a long trade.
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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.