Pullback or further growth?
Last week gold moved in a very strong bullish wave and tapped into new ATH. The big daily resistance trend got broken. Today it broke below this resistance trend. Structure build above this zone. Expecting gold to retrace bullish first and then a posible further fall towards 2225.
Arrows are a posibility, not a signal.
resistance: 2244, 2259(ATH)
support: 2222, 2211
Arrows are a posibility, not a signal.
resistance: 2244, 2259(ATH)
support: 2222, 2211
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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.