This chart highlights a repeat of a past pattern in Gold vs. USD. Observing the V-shaped recovery and subsequent retracement, I predict a similar upward movement towards the 2,718 level, based on strong volume at this pivotal point. Watch for pattern confirmation to guide potential trades.
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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.