GC1! Gold Head & Shoulders DOWN !!...?
With the dollar being so oversold (for good reson perhaps), it seems like the dollar is making a short term correction, leading to lower commidity prices.
Have a look at the blue line indicating the neckline of a potential Head & Shoulders on the gold price.
There might be a very nice entry point into gold and silver in the very near future.
Have a look at the blue line indicating the neckline of a potential Head & Shoulders on the gold price.
There might be a very nice entry point into gold and silver in the very near future.
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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.