GOLD is currently in a bearish trend, but it is experiencing a temporary pullback from its recent lower low. A potential Bat pattern is forming, with the Potential Reversal Zone (PRZ) identified at 2376.512. If the price reaches this level, it is likely that bearish momentum will resume.
Trade closed: target reached
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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.