Gold (XAUUSD)Long
Another gold buy?
Gold has recently formed a double bottom on 1h and 4h respectively. After breaking resistance on the trend line above, we saw a retracement which could be a reason for buys. BUT... we wait for the W pattern, double bottom to complete and we can buy with proper risk management.
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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.