Gold had recently rallied out from the triangle and heading to set a new high after drastically falling for a long term downtrend. We're expecting to see a breakout and a pullback mitigation from the steep rally towards the demand zone below.
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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.