There is still room for further downside for gold, possibly to the 0.5 fib, but the double bottom formed on the 0.382 level is a case for the bulls!
Trade active
The Handle part of the Pattern has been completed, we are now in a bull run.
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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.