After a breakthrough of a significant horizontal resistance level, On retesting it 📈GOLD formed a symmetrical triangle pattern on an hourly chart.
A bullish violation of the resistance line is a crucial intraday confirmation of bullish sentiment and the strength of buyers.
It is likely that we will see a rise in price to at least 2930.
A bullish violation of the resistance line is a crucial intraday confirmation of bullish sentiment and the strength of buyers.
It is likely that we will see a rise in price to at least 2930.
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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.