Looks like we are finding new support (red line). It seems that we are facing some sideways probably caused by high level of uncertainty in the world at the moment. Gold has been quite recently on levels 1300 (Dec. 2016) but with high volatility. This year we see more stable upward trend.
Keeping an eye on the redline and the closing triangle.
Wish ya happy trading folks.
Keeping an eye on the redline and the closing triangle.
Wish ya happy trading folks.
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Related publications
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.