Gold -- One leg downside possible before the huge upmove
Gold is in a parallel channel in Week TF. One leg of downside possible to $1580-$1600 for a big upside movement.
Sell Gold at $1880-$1850 for a $1600.
Buy Gold at $1580-$1600 for a target of $2200-$2500.
Sell Gold at $1880-$1850 for a $1600.
Buy Gold at $1580-$1600 for a target of $2200-$2500.
Disclaimer
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.