Gold Spot / U.S. DollarEducation
a beautiful trading structures.
1H trend line broken after H&S and touched the main horizontal resistance and that is weekly pivot too. Now making 1H bullish flag, 0.5% ret. might be seen and then move up to the area 1.161% that is there 4H trend line as well as weekly resistance. that weekly resistance area will decide further move of the gold. ECB ahead, may be we will see strong response.
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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.