Gold Spot / U.S. Dollar

Let's review the price of Gold during the 2009 crisis

Gold history increased more than 1000 prices
Necessary & sufficient conditions
1. create wedges
2. make 2 or 3 bottoms
2. recovery between fibo zone 0.382 & 0.5
3. the first days of May

Then exactly 10 years later, in May 2019 gold continued to establish a bottom

Check out the script below

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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.

Also on:

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.