BigBen04

Double Bottom formation with Bullish pressure

Long
CAPITALCOM:GOLD   Gold
1. Double bottom formation in a strong area of support
2. Vshape pattern formation on the 30min timeframe with price bouncing off 61.8 level of the Fibonacci retracement tool to the upside.
3. Price is anticipated to reach 1968.41 and collect liquidity from yesterdays High ahead of the news release

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