Gold near term weakness
Friday's reversal suggests near term weakness in Gold
Two scenarios I'm watching in gold:
1- Retrace to previous swing low 1375, find support then up to 1485-1503
2- Retrace to the triangle trendline around 1350, find support then up to 1485 - 1503
** Just an idea NOT a forecast
Two scenarios I'm watching in gold:
1- Retrace to previous swing low 1375, find support then up to 1485-1503
2- Retrace to the triangle trendline around 1350, find support then up to 1485 - 1503
** Just an idea NOT a forecast
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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.
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.