Despite the 120 PIPS gap on market open for Gold last night, price has pushed back up again covering most of the gap. Currently a lot of choppy price action. Here is what I am looking for next;
Option 1: Gold carries on dropping lower now towards $2,680 as first target.
Option 2: Gold pushes a little higher towards $2,770 - $2,785 next.
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.