As you can see gold is very likely to retest previous support of 1700 dollar range in the next days/weeks. Likely to retest the 1850 dollar range first to turn previous support into resistance. if this channel would break down I highlighted some of the most important price levels to keep an eye on. This is not financial advise.
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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.