Gold rallied up to test the major bullish reversal of 1324.6 but failed to elect it.
It is likely to now see Gold head back down near term to re-test support, before breaking out to the upside.
A closing below 1324.6 on a daily basis would be quite bearish.
A closing above 1349.0 on a daily basis would be bullish.
It is likely to now see Gold head back down near term to re-test support, before breaking out to the upside.
A closing below 1324.6 on a daily basis would be quite bearish.
A closing above 1349.0 on a daily basis would be bullish.
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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.