Gold

Gold - Range bound but set for more downward action?

106
Hi guys!!

Gold clearly in a range in the weekly chart. Still correcting after making a triple top and now about to get to the half of the range and around the 56 period ema. Will it find support there and lateralize or will it keep correcting?
The indicators tell us that in regards to time the corrective wave might not be over yet and attention should be paid to level 50 of the RSI.
A strong area of interest is, in regards to price, around the $1785 level.

Take care guys! Hope it helps.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。