Gold closed yesterday above the resistance zone and today there is more buyers. The way I see it, there could be a profit taking and then some new longs again. If the price will go below support we might see some selling and a pullback to a lower support.
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.