THIS CHART ANALYSI IS A BREAKDOWN OF GOLD MOVEMENT
we are at a critical price in the gold market indicated by zones at 3305-3280, it has been indicated in the analysis by a rectangle . if the rectangle region holds us up then we could further hedge bullish but if it doesnt, the market could fall more as bears may take over.
Note that there may be slight changes as the markets goes by due to other external factors like news and dxy .
updates would be given as time goes by.......
we are at a critical price in the gold market indicated by zones at 3305-3280, it has been indicated in the analysis by a rectangle . if the rectangle region holds us up then we could further hedge bullish but if it doesnt, the market could fall more as bears may take over.
Note that there may be slight changes as the markets goes by due to other external factors like news and dxy .
updates would be given as time goes by.......
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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.