After a long downtrend the price finally formed a Harmonic bullish pattern . We can notice as well that the price is currently testing the Monthly lowest support level.
We will look for long position on the lower timeframes, any rejection of the gold level could be consider as a buy opportunity.
TP 61.8 Retracement
We will look for long position on the lower timeframes, any rejection of the gold level could be consider as a buy opportunity.
TP 61.8 Retracement
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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.