Gold is nearing a major resistance 2790

94
2790 is a monthly support so, I guess we can confirm if we can look for long term buys or sells by the closing of this months candle. Lets wait for price action to develop before concluding. But a greater possibility is the price could go up , because overall the price is very bullish. And one thing is that the price has been soaring up for so long, so it might decide to come down. I am watching the price closely at this point.

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.