Preferred direction: BUY Comment: Buyers of gold have laid down a fairly serious prospect of growth towards the level of 2060. Previously, we talked about the likely formation of a balance at the level of 2040, and that most likely thereafter there will be growth above this level towards local highs. However, given the intense news background and, most importantly, the technical picture, there is a high probability that this will happen earlier than we expected.
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.