In our opinion, gold has reached a good support zone that can climb from this area to the yellow area of resistance. According to the gold chart in the weekly time frame, there will be a big rise in the form of wave 5, but now it is moving in wave 4 as a flag pattern.
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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.