The gold chart breaks its uptrend line in the daily timeframe and is completing the pullback by hitting the price support level. If the pullback is completed, the probability of a price decrease will increase, but if this range of the trend line can be broken upwards, the trend will increase.
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.