Gold moved as I β expectedβ in my previous post about Gold.
Gold is making Double Bottom Pattern in the Heavy Support zone. At the same time, Gold is breaking the descending channel. as a result, I expect that Gold can go up to a target of the double bottom pattern.
I see more of a descending channel ... I am short on gold ! With raising interest rate and USD keeping a strong momentum against other currency --> bearish for gold.
pejman_zwin
β
@liocrypto, Thanks for sharing your idea, let's see.
IamNEOnkosi
β
Interesting but in an Eagles view , its a sell man
With raising interest rate and USD keeping a strong momentum against other currency --> bearish for gold.