FX:XAUUSD   Gold Spot / U.S. Dollar
Gold is currently trading sideways both on the weekly and daily timeframes,it recently tested the previous months support but struggling to break its CTL or the triangle region. If Gold finds resistance in its CTL we could see downward push to 1311.86 or lower.Daily close above 1343.62 supports long position to 1360.
Trade closed: target reached

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.