GOLD to ascend back in upward path of previous trade channel?
Gold fell below support recently of its upward trade channel, but there is signs it could be returning to that trend as the overall market shows its signs of weakness.
Wait for it to break the previous support and enter any long positions there. Also, not actual advice, etc.
-BDR
Wait for it to break the previous support and enter any long positions there. Also, not actual advice, etc.
-BDR
Note
Note: the support line was crossed on the 22nd; it has been under it since.Note
Well, count this as exactly wrong. I tried. Gold plummeting b/c the world is about to break I reckon.
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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.