FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold has been trending up in an ascending channel and broke previous resistance zone and appears to be retesting the area as new resistance. We face a great reversal possibility to the upside. Entry will be on the close above resistance trendline and some kind of bullish confirmation.

Related Ideas

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.