Btcsteps

Gold, Important Support Level

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Gold is trading inside the descending triangle which is a bearish sign but if we take a deep look at the daily candles, we can see strong green candle surrounded by red candles at the support level which is a bullish sign. one more thing that should be considered is double bottom pattern.
I advise you watching more candles in order to open a position.

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