GOLD is still within a bearish channel, however downside price exhaustions have created a condition for possible oversold. If price manages to trade above 1820, it signals further advances toward key reversal zone between 1835 and 1842.
Resistance = 1835 / 1842
Overall trend = Bearish
Pivot level = 1820
Resistance = 1835 / 1842
Overall trend = Bearish
Pivot level = 1820
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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.