Gold is at a critical point of contention between bulls and bears. From the technical chart, the bulls are in a stronger position, with signs of a double bottom. If this stabilizes, gold is expected to rise again towards the 2666-2672 area. Therefore, today's trading should focus on long positions.
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.