After a lifetime high, gold retraced back to 78.6% levels and has formed a small higher high, higher low pattern and has also broken out of one of its resistance line. The commodity could move up to levels mentioned in the chart.
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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.