There's 2 scenario that will happen in Gold this week. Either they will fulfill the reversal trend which is GOLD have to break their 3262 - 3290 Support to break their up trendline OR going back up and battling H4 downtrend and Daily Uptrend once again. Either of that happening Last high 3433 is still the price key whether ATH will happen again or not. For me this week we should wait for breakout happening in range 3242 - 3290 and this will determine whether we're gonna sell or buy.
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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.