Gold Spot / U.S. DollarUpdated Gold again in a triangle
Price of gold again in a triangle. Now it is necessary to look in what party the triangle will be overcome. If the price goes up, then about 2025 will become the next purpose. But, if the price punches down, then it is necessary to wait for deeper decrease to level about 1915. Now the scenario with decrease is more preferable, considering the developed overbought in gold and also meets with my previous idea.
Information provided is only educational and should not be used to take action in the market.
Information provided is only educational and should not be used to take action in the market.
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TP = 1917Trade active
Note
TP changed on 1923Trade active
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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.