Gold showed a strong downtrend earlier and still falling long term for now at least. Expecting a bounce from level 2600.83 and if broken may likely fall further to the 2,548.84 area. That's a strong support area and may less likely break further.
For now we suggest you find sell entry zones until the sell bias is generally weakened.
For now we suggest you find sell entry zones until the sell bias is generally weakened.
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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.
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.