After a short-term downtrend, we saw gold forming the three rising valleys pattern, valley after valley until the third is confirmed, what makes the confirmation is firstly the downtrend that preceded the pattern, and the uptrend that accompanied it, also, there is a dome volume shape which makes another confirmation.
What does all of that mean? the answer is simple: BULLISH MOVEMENT!
we expect Gold to move higher to 1830 areas, and in the future, we'll see what it hides! enjoy.
NOTE: Always DYOR, be cautious and trade your own personality.
What does all of that mean? the answer is simple: BULLISH MOVEMENT!
we expect Gold to move higher to 1830 areas, and in the future, we'll see what it hides! enjoy.
NOTE: Always DYOR, be cautious and trade your own personality.
Trade closed: target reached