Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis, attached on the chart, we were looking for buy setups around the lower blue trendline.
After rejecting the upper bound of the wedge pattern, X RP is now back around the lower bound / blue trendline again.
Moreover, the zone 0.5 is a strong support...
Gold - Short term Bullish view , 1811 & 1800 may act as support.Price may move higher to 1845 and closing above 1845 on weekly basis will initiate another leg of bull run.
View negated if price falls below pshycological level of 1800 USD.
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