GOLD Short term View
As it can be observed on an hourly chart spot gold has taken resistance of a falling trend line, rising channel and Fibonacci retracement around 50%.
Thus the short term view for spot gold is negative targeting $1723. View negates if Trend line is broken
Thus the short term view for spot gold is negative targeting $1723. View negates if Trend line is broken
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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.