After last week's recovery for Gold, we may see a continuation in the trend long term. There is a bullish pattern forming on the Daily chart. A head and shoulders. If it completes, we may see Gold go all the way up to 2070 area.
Trade active
Head and Shoulder fully formed now, we can expect a continuation of the bullish runTrade 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.