On the other hand, the Gold Bulls may take over this market for a while to target the highest recent high. This may be confirmed by the Bullish Continuing Flag, which currently assumes a retest of the broken out resistance of the flag, affording it room to build up to the resistance of the bullish channel. This is when I get to sit back analyze and watch.
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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.