Hello Traders! 👋 What are your thoughts on GOLD? Gold has reached a key resistance zone after a recent bullish move and has also broken its ascending trendline. Considering the current situation, the price is expected to consolidate within this area before heading lower. The Fibonacci levels shown in the chart indicate potential support levels during the downward move. Don’t forget to like and share your thoughts in the comments! ❤️
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.