Gold is moving sideways in the ascending channel .
The market is approaching resistance, but the price doesn't show us enough momentum to break the level .
Price action will most likely go down to retest the support level .
We expect a short term pullback from the resistance.
The market is approaching resistance, but the price doesn't show us enough momentum to break the level .
Price action will most likely go down to retest the support level .
We expect a short term pullback from the resistance.
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.
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.