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Gold Spot / U.S. Dollar
Long
Gold
By SMJ1361
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Apr 16, 2021
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Apr 16, 2021
After breaking the blue channel from top, we have a double bottom (W) pattern with its first target at 1815$.
Second target is around 1854$ were price reaches the downtrend line.
Beyond that we should watch for the reaction to the line and fundamental aspects to see if next move is bullish or its just a pullback!
Chart Patterns
Harmonic Patterns
Trend Analysis
SMJ1361
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