Gold Up or Down?
This is my first "Idea", so its more of a trial run of posting an idea.
Basically, we've been climbing up the red trendline, and if the gold price can continue to do so, it will break resistance (of the ATH), and then climb for a new one. However, if the price closes below the trendline, we're likely to see a correction of some kind to the downside.
But lets see.
Basically, we've been climbing up the red trendline, and if the gold price can continue to do so, it will break resistance (of the ATH), and then climb for a new one. However, if the price closes below the trendline, we're likely to see a correction of some kind to the downside.
But lets see.
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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.