As we can observe in chart of gold it has ended its correction with some confirmation
1) double bottom with two large engulfing
2) support at lower and of channel
3) 61.8% correction of a full wave
1) double bottom with two large engulfing
2) support at lower and of channel
3) 61.8% correction of a full wave
Trade closed: target reached
Note
now gold looks more bullish on daily charts
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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.