UnknownUnicorn10536215
I will plead with traders not to go short on Gold, the curved plate pattern looks to be at work here. Not a financial advice but an advice still.
We should see a drop to the marked out area of support and resume the continuation of the uptrend up to 106.780 to 108.880 areas. Leave your insights in the comment zone or click on the like button if you are satisfied with this analysis.
On this pair, we have clearly been on Primary Bullish Trend as we can see on the trendline channel drawn here, we are also at an area of resistance in the channel which also falls in line with a key contested area of resistance (the red rectangle extended area). At this area, I'd like to see a bearish reversal and probably a retest to the resistance area on the...