As I said before, gold is in an ascending channel and according to the analysis, we observed that the price reacted to the trend line of our channel with a nice movement and we had a correction. Gold is to return to the upward trend. The corrective movement of gold is not over yet, and at the beginning of the week, we can think about selling in a smaller time frame.
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.