Last week, I've argued that, after the low under 1800 figure, Gold could resume its uptrend and after 2-3 days of consolidation back above 1800, the price has risen and also broke above the descending trend line. Now the price is around 1855, exactly in the resistance zone and a break here would expose my target at 1900. As long as 1820 is intact, buy dips remains my strategy
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.