[gold]
It's likely an abcd pattern is in development. The main trend is still bullish, in to the uptrend channel.
Note
A potential scenario, after support at 1270 area (as expected ).Note
Note
Wrong chartNote
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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.