Following gold uptrend with a triangle pattern, down at the bottom of it right now makes a good opportunity to go long!
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The drawn head and shoulders pattern is almost flawless, please note that the bigger trendlines are equally big to each other as well as the smaller are to each other. We also have a perfect neckline and a bounce at MA50.
Could not be more obvious and clear to me which is why I'm going long and my guess would be aroung 65$ by the end of the year.
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