Mihai_Iacob

Gold can rise to 1812

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Yesterday Gold had a new attempt to break under 1780 support and failed and also the day finished with a Doji candle reflecting indecision.
At this point, on shorter time frames there is a possibility of a double bottom pattern with the neckline around 1795.
A break above resistance would confirm this pattern and Gold can test 1812 resistance
I'm bullish as long as the price stays above support

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