GOLD - simple bullish (and bearish) scenario
Hi guys. As you can see Gold is forming pennant what could mean continuation of the current consolidation phase. If we will see break to the upside (more likely) gold could rally up to 1400 levels. Breakdown from here would return to some previous supports (1240, 1200)
Take care!
-DP-
Take care!
-DP-
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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.