As you can see gold is going to test a crucial resistance. If gold can break his resistance there is a chance it will retest his previous high of september.
If it breaks you could go long... with a stop loss under the resistance that will become support.
If gold can not break the resistance it will retest his support (blue line).
If it breaks you could go long... with a stop loss under the resistance that will become support.
If gold can not break the resistance it will retest his support (blue line).
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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.