Gold is trying to cross the resistance line and its too much of bullishness could be easy bull trap. Technically Fib levels are indicating possibility of a correction now. Entering after a correction is safer now. This could be off man out opinion. But as per chart its resistance area now.
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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.