GOLD two possible paths on the current situation

217
Main items we can see on the chart right now:

a) The price is on a support level, and it's an important zone to pay attention to. From here, we will understand the directions we can expect

b) The descending trendline of the corrective structure (white line) has been broken, and it's outside of it

c) If the price bounce from this level, we can expect a movement towards the purple line as a short term bullish target

d) If the price breaks the support zone, we can expect a move towards the next Support/Resistance zone as a short term bearish target

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.