Gold is currently in a bull flag, but still in the rejection zone highlighted in our charts on earlier ideas. if we get a breakout of the flag we could be looking at 1797, 1810 and even 1833 zone.
Gold could also get rejected at these zones resulting in a pullback to lower levels.
Best to observe if price breaks out of the bull flag. Then take a long position.
Gold could also get rejected at these zones resulting in a pullback to lower levels.
Best to observe if price breaks out of the bull flag. Then take a long position.
