Gold Spot / U.S. DollarUpdated GOLD daily chart. Potential resumption of bullish momentum
Imo the chart speaks for itself? The daily seems to have enough wiggle room marked by the purple curve. Sometimes they are a good indicator sometimes they are not. Time will tell.
Note
The grey line is the closing price of the previous quarter. Its almost acting like support.
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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.