surfingmarket

Gold three views in one chart.

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold finished/almost finished a leading diagonal this week.
Looking lower near term, neutral midterm as there might or might not be a wave E.
However the long term bullish view is far from being challenged.
The low at 1045 is the decade low of gold IMO.

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.