Come on GOLD, do something 📈 💥
Updated
Hi everyone 👋🏽
🕊 Wish y'all have a profitable lifestyle 🍀
📌 XAUUSD- Daily Time-Frame - Candlestick
📌 Fractal - Price Action - Double Bottom
📍GOLD may create a double bottom in daily time frame but it is not still confirmed; but with double bottom being confirmed I can see the 1830 price zone being touched
📍If GOLD manages to hit 1830$ zone we will see another retest of its previous descending trendline. Further growth depends so much on many other factors such as inflation, crypto currency, new pandemic lock down ,etc.
📍If inflation continue to grow as fast as now investments in GOLD , Crypto ,etc may increase at such a pace.
✍🏼 If price fails to break the descending trendline as 2 times before another crash is expected and I personally see this crash happening in Cryptocurrency which can be a bad news for Cryptocurrency
✍🏼 From both point of views a triangle is clear to see in daily time frame and triangles usually follow the previous trend which is bullish
THIS IS NOT A FINANCIAL ADVICE
PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ANY SELL OR BUY POSITION
GOOD LUCK
NP TRADER
🕊 Wish y'all have a profitable lifestyle 🍀
📌 XAUUSD- Daily Time-Frame - Candlestick
📌 Fractal - Price Action - Double Bottom
📍GOLD may create a double bottom in daily time frame but it is not still confirmed; but with double bottom being confirmed I can see the 1830 price zone being touched
📍If GOLD manages to hit 1830$ zone we will see another retest of its previous descending trendline. Further growth depends so much on many other factors such as inflation, crypto currency, new pandemic lock down ,etc.
📍If inflation continue to grow as fast as now investments in GOLD , Crypto ,etc may increase at such a pace.
✍🏼 If price fails to break the descending trendline as 2 times before another crash is expected and I personally see this crash happening in Cryptocurrency which can be a bad news for Cryptocurrency
✍🏼 From both point of views a triangle is clear to see in daily time frame and triangles usually follow the previous trend which is bullish
THIS IS NOT A FINANCIAL ADVICE
PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ANY SELL OR BUY POSITION
GOOD LUCK
NP TRADER
Note
We are actually in the retest zone, since the price breaks and stays above the line we can confirm that a bullish cycle may be creating 
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