Technically, the gold does not look ready to conquer the tops, the price is stuck in the flat-- RESISTANCE: 2662- 2677,2710 SUPPORT: 2635 - 2646
Tested resistance in the form of a false breakout, accordingly, the market has potential - liquidity from below. At the moment the emphasis is on the local ascending channel. We are waiting for support retest. If the price starts to return to 2663 and consolidate, then we should expect the growth up to 2689.
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.