Gold has reached the range of higher time supply and has the potential to fall to 2440 and 2425 by sweeping the minor ceiling and collecting liquidity. In any case, if gold is above the previous ceiling at 2483 closes, this falling scenario should be reconsidered. And the breaking point of the analysis is 2485
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.