Gold Distribution Has Started
Gold met with resistance at 1993 and a lot of distribution was observed here. My idea is that gold will resume its rally after the distribution is completed. New accumulation will start at either this level or with slight correction. My target is support of 1983 for intraday and resistance of 1995 and 2000.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
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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.