Gold continues its uptrend after a period of moving sideways
Gold has been moving sideways in a downtrend for over 2 months, starting from December 2022.
On February 29, Gold broke out of the sideways trend, we can consider a Long entry here.
RSI and VPA indicators broke out of the trendline, reinforcing the uptrend.
On February 29, Gold broke out of the sideways trend, we can consider a Long entry here.
RSI and VPA indicators broke out of the trendline, reinforcing the uptrend.
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.