After creating a nice ABC pattern and a trend breakout we can see that the price for gold is respecting the key level highlighted close to 1870. So here I have spotted another important minor trend formation on the lower timeframe and here we can see a trend breakout is confirmed. I am expecting a decent pullback towards the highlighted support on the bottom close to 1810 area.
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.