Gold strongly corrected from 3500 psychological level.
After a test of the underlined intraday support cluster,
the market started to leave strong bullish clues.
After a false violation of the support, the price accumulated a bit
and broke a resistance line of a falling wedge pattern on an hourly time frame.
With that move, Gold also managed to confirm a local Change of Character CHoCH.
All these bullish signals indicate a highly probable continuation of a growth.
The price may move up at least to 3377 level easily.
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✅Join My Telegram Channel: t.me/VasilyTrading
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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.