My previous idea is still valid Gold has created a bearish ascending triangle pattern which suggest a breakout soon.
21 EMA is now starting to act as a valid resistance. We could expect a fakeout to the upside at 2028 level but a solid downtrend is highly probable
21 EMA is now starting to act as a valid resistance. We could expect a fakeout to the upside at 2028 level but a solid downtrend is highly probable
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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.