Gold may pullback to the upside, after finding some stability above 3220 barrier. If it remains above 3220, a upward correction is possible. Simultaneously, the commodity has been facing bearish pressure as from last week, and if price action settles beneath 3220, a correction down may continue.
Trade closed: stop reached
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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.