Gold Backtest Incoming - Then Price Rise
Some TA regardingf the price of Gold.
A local double bottom of the price, doubling as part of a bigger, overal, more sustained, back test from the April 19 breakout.
Also to test strong support at 1680 and the rising orange trend / breakout line.
If it survives, it could trigger the beginning of a local bull run.
If not, a fall down to 1500 could be in play.
A local double bottom of the price, doubling as part of a bigger, overal, more sustained, back test from the April 19 breakout.
Also to test strong support at 1680 and the rising orange trend / breakout line.
If it survives, it could trigger the beginning of a local bull run.
If not, a fall down to 1500 could be in play.
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