After break of the downwards trendlines and a double bottom, gold looks loaded up for a bullish break out.
If we break above current resistance and retest and get a bullish move we can see a good take profit level at 61.80 or 78.60 fib level.
If we break above current resistance and retest and get a bullish move we can see a good take profit level at 61.80 or 78.60 fib level.
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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.