Gold Spot / U.S. Dollar
Short

Repeating pattern

117
Xauusd seems to be repeating a pattern seen just before a steep drop followed by an inversion of the same pattern and a steep increase to the levels we are at now. Gold will soon drop steeply in the short term but will increase rapidly soon afterwards

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.