The instrument is currently inside a falling channel and the very strong decision area. I am much more in favor with the bearish sentiment since GOLD has been nicely respecting the falling channel. Looking for a short opportunity below the key area. Break above the boarder might provide long opportunities. Please do your own analysis before placing any trades. Happy Trading
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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.