Hello, according to my analysis of the gold market, there is a good opportunity to buy in the long term. After breaking the descending channel as shown in the analysis. We see that this breakthrough occurred with a very positive green candle. It indicates the strength of buyers. We also see the breaking of the 200 moving average. All of these factors confirm that the market is for buying only. Good luck to everyone.
Note
Vv
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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.