XAU Reversal
Watching the chart on the higher time frames shows a formation of a lower high (which might be a head and shoulder pattern formation, if anyone agrees with my observation). The 1292 price range must just be a major support line for the next trend reversal. Be ready to sell and hold for long.
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.