Possibility for Gold to Return to 1945 Levels
In the 12-hour timeframe, gold is currently near its important support levels of 1907-1909. There is a possibility for the price to bounce back and start an upward trend within this range. Considering the fact that the dollar is also expected to begin its downward trend, this could be a confirmation for the end of the gold's downward trend.
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.