Breakout Levels: Historic Crashes, 2012
After breaking through the first support level there was a quick bullish move which set up selling opportunities and the market then downtrend about 25% over the next three years. Supports were found in at the second support level and this was where the move bottomed out. From then onward gold has been in a general uptrend (relative to the low price).
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.