This week was one of range trading for Gold, with the price trading between 1780 and 1810. Considering the fact that the rise from 1720 is not impulsive, I will remain bearish and I expect a break under support, 1780, which can lead to an acceleration to the downside 1810 is the ceiling at this point and only a sustained break above would change my opinion
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.