GOLD is trading in the descending channel .
It broke and closed below the range zone following a bearish move.
If the resistance level rejects resistance, then we can look for selling opportunities.
We expect further consolidation until a new trend is confirmed.
It broke and closed below the range zone following a bearish move.
If the resistance level rejects resistance, then we can look for selling opportunities.
We expect further consolidation until a new trend is confirmed.
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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.
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.