We anticipate gold to correct to a certain level down (roughly a 0.618 Fib). This is highly possible because the price has already completed five wave move up. But price is still playing at the zone (resistance), let's watch the market reaction at the zone before taking any trading decision.
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.
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.