BULL FLAG OR A STEEPER CORRECTION...
The action shows a significant bull flag pattern forming which if broken to the upside might see a further advance pass the current high. If rather a steeper correction is forming then the active support is at 48700, below which we have 38600 and 25200 price levels.
Given that Gold is topping out any significant fall in Gold prices will have investments moving into other assets and crypto assets have one more pump for a major top.
Trade safe, good luck
Given that Gold is topping out any significant fall in Gold prices will have investments moving into other assets and crypto assets have one more pump for a major top.
Trade safe, good luck
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.