Since gold is in the flat zone on the weekly chart, the probability of going down is very high at the moment. The price is expected to move above around 1670-1680. In the current situation, it is better to open a trade down
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.
