MrAndroid

Gold in a resisntance area

TVC:GOLD   CFDs on Gold (US$ / OZ)
Since Bank of England turned its printer back on, gold has pumped quite nicely and I think there was possibly a bullish descending wedge pattern there that I hadn't spotted before (shown in green). Now the price of gold is entering a zone that will be much harder to breakthrough as there are several possible resistances near this level.
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