Gold price on M30 will continue its sideways trend. After being in the price area approaching resistance and supply, the gold price begins to show a continuation of the sideways trend which is marked by confirmation in the form of an impulsive downward candlestick which forms a new swing and then falls to the next support area.
Gold will continue its sideways trend on the M30 after touching the strong demand area. Gold prices rose to form a new swing with confirmation in the form of a bullish divergent. Next, gold is expected to touch the next resistance area or sideways supply zone.
