Gold bulls hope this is a channel-bottom test for gold futures and not a major bearish move. The bottom looks to be around 1212.00, also around a 50% Fibonacci retracement from gold's recent highs.
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.
