Gold, a new bullish trend is born in 4H
Thanks to the commercial war USA/China, Gold has broken the resistance of the 1D descending canal.
In addition, Gold has drawn a double bottom before the resistance break.
The buy signal is strong and a new ascending canal in 4H is born.
Pullback on the neckline of the double bottom is possible before the uptrend.
Target is 1330.
In addition, Gold has drawn a double bottom before the resistance break.
The buy signal is strong and a new ascending canal in 4H is born.
Pullback on the neckline of the double bottom is possible before the uptrend.
Target is 1330.
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.