GOLD moves smoothly in a downtrend channel , the resistance line of which is unlikely to allow a recovery in prices.
The technical picture for the instrument continues to point to further downside potential, with the yellow metal expected to decline further as the Fed begins its tightening cycle.
The technical picture for the instrument continues to point to further downside potential, with the yellow metal expected to decline further as the Fed begins its tightening cycle.
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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.