Gold spot has formed triangle formation.
Once it closes below $4,700 we can see strong support in between $4,400 to$4,500.
once it breaks down we can have target $4,050 which acts as a minor support.
With next target to $3,800
Triangle formation is the final target for gold with $3,600.
This analysis is made to best of my knowledge.
Kindly make your own analysis before taking any trade.
Once it closes below $4,700 we can see strong support in between $4,400 to$4,500.
once it breaks down we can have target $4,050 which acts as a minor support.
With next target to $3,800
Triangle formation is the final target for gold with $3,600.
This analysis is made to best of my knowledge.
Kindly make your own analysis before taking any trade.
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.
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.