Watch this video if you are trading gold. With a perfect Flag formation and a deep washout-low rotation, we need to see Gold rally back up to near $2540 to reach the Apex level again.
Any continued price weakness will show Gold may be attempting a deeper pullback after reaching $2570.
I believe Gold will settle very well into the end of the day. Possibly even reaching $2550+.
But, this is news-driven. This move is related to the geopolitical events taking place in Taiwan and other areas of the world.
Buckle up. Gold wants to move above $2602 - but it will be a struggle from now on.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.