XAUUSD Double bottom
The market has broke through the channel and the price also retested on the previous resistance trend line to form a new support zone as the market respected the new support zone. we can clearly see where the double bottom pattern has formed and now we are waiting to possibly see a new uptrend.
Note
Poor analysis, wrong decision to buy when the price bounced from support.
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.