PiPumer

GOLD repeating Itself again?

TVC:GOLD   CFDs on Gold (US$ / OZ)
Here in GOLD we are looking ahead to 1670s as bullish impulsive move which can be form from support area including area *1640-1649. Our Analysis is mainly dependent on the history & believing that this time it will repeat itself likely before one. Here at Support Area we have the same Lower lows formation & majorly double bot formation so we considered it as 80% safe to trade gold as bullish. One another thing we have seen the end of Bearish Trend as well as the breakout when it pullsback from support area so by this we can conclude that after a little testing down it will fly to 1670s approx.
I HOPE Y'ALL GOT SOME BETTER UNDERSTANDING ABOUT GOLD.
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.