Gold forms a strong rebound from the support zone, the base of which is the level of early 2022. The price is testing the base of the reversal pattern, but it makes a false-break. What to expect next?
GOLD is in an uptrend, I believe that the price under a strong uptrend resistance, after quite a strong recovery, can go to a technical pullback, correction and consolidation phase before continuing to the long-term target of 2070.
I now expect a short correction from 1978.9 towards the Fibo level of 0.382 (1933.68).
The medium-term potential is still for the bulls.
Regards, R. Linda!
GOLD is in an uptrend, I believe that the price under a strong uptrend resistance, after quite a strong recovery, can go to a technical pullback, correction and consolidation phase before continuing to the long-term target of 2070.
I now expect a short correction from 1978.9 towards the Fibo level of 0.382 (1933.68).
The medium-term potential is still for the bulls.
Regards, R. Linda!
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Related publications
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.