Hi everyone! As I noticed earlier, gold moves in a big triangle and now the price approached again its upper bound which beat off already two times. I everything also consider that shortly the price will mention the previous minimum about 1680 (that is the lower line of a triangle). Though in the long-term period I am more optimistic in relation to gold. Of course, the option of the movement down and of 1830 (strong resistance) is possible, but it is alternative less probable scenario.
Information provided is only educational and should not be used to take action in the market.
Information provided is only educational and should not be used to take action in the market.
