sfc95

GOLD-4h ready for correction?

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is in a descending triangle on 4h, but still on a macro-bullish structure. A break of 2170 followed by a support zone would make the price bullish again, but a break of the current support could lead to at least an interesting correction.

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.