PS Gold is a class of its own. It trends differently from other commodities ( oil , copper ). Huge demand for gold in times of covid crisis. I would not expect any big bearish sell offs now.
---------- For educational purposes only.
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For DeMark breakout projection (on daily chart) I used a rather conservative one - from a shadow of a candle with the lowest close below the trendline as that one works 90 percent of times. The classic DeMark projection 1 from the lowest shadow below the trendline works in 60 percent of cases.