Gold has been In Consolidation for past 5 Months.
4 occasions when it had settled near 3300.
It's about time for Gold to take Shorts For Cleaners?
This time around it's about to Settle near 3400.
3420 3440 will be Crucial for Bears to Defend if they wish to hold grip over this Consolidation.
Longs will get aggressive above 3440 3450 Targeting 3550 3750
😲
A prolonged consolidation could continue in case 3420 shows Profit Booking
For time Being 3375 3350 looks like providing support.
If it continues to Hold then it may build the Bull Case
4 occasions when it had settled near 3300.
It's about time for Gold to take Shorts For Cleaners?
This time around it's about to Settle near 3400.
3420 3440 will be Crucial for Bears to Defend if they wish to hold grip over this Consolidation.
Longs will get aggressive above 3440 3450 Targeting 3550 3750
😲
A prolonged consolidation could continue in case 3420 shows Profit Booking
For time Being 3375 3350 looks like providing support.
If it continues to Hold then it may build the Bull Case
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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.
Related publications
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.