MARKET OULOOK ON GOLD.
Here is todays market outlook on GOLD (XAUUSD). Price is mostly likely to fall from the current resistance level touched. The current move to the upside was in completion of wave "C" of an ABC corrective move up. There are other factors of confluence for price to turn from the current zone, these include; FIBBONACCI LEVEL based on correction and extension of wave 'C'.
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.