Gold Spot / U.S. DollarUpdated Coiling for a big move?
Gold is trading in a smaller and smaller range which soon should open a big move! But in which direction?? I will wait until one of the trend line (descending and ascending is clearly broken) Until then I am just watching! Good luck :)
Note
Gold broke to the upside and retested the backside of the down trendline and is now pushing higher ! 1920 area should come shortly and possibly all the way to the 1960 area !Note
Target reached and who knows, maybe all the way to new highs!!
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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.