krishna752000

Gold movement in near future

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold (XAUUSD, $1,795) is likely to break a 6-week dashed support level standing at $1,790 - 1,795 before July 29. The breakdown could take gold till $1,770 level, following which it should quickly recover. This should be the final sell-off prior to a next major rally!
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.