Gold daily timeframe is approaching an important resistance area
Where gold is close to colliding with the resistance of the alternate path that it has been moving in since September.
In addition to the 100-day moving average, which represents resistance in front of gold to rise.
Therefore, we believe that gold will witness a correction from the package shown in the chart,
We may see a correction towards 1700 and 1680 our stoploss is 1730
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.