I think that we can se Gold break down to new lows very soon.
ATM we are at a heavy resistance area. Lower timeframes shows signs of RSI divergence.
A clear break of the ending diagonal should give this idea legs.
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.