GOLD price will surprise you!
Hello Traders
GOLD Price will surprise us this year
here is why:
1- a W pattern is forming but it needs to be confirmed.
2- the double bottom pattern is confirmed.
3- downward momentum from 2067 to 1927 has no big volumes(also volume decreased), so it could be some form of correction,
4- last week, the FED news showed some uncertain weaknesses for the USD.
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
GOLD Price will surprise us this year
here is why:
1- a W pattern is forming but it needs to be confirmed.
2- the double bottom pattern is confirmed.
3- downward momentum from 2067 to 1927 has no big volumes(also volume decreased), so it could be some form of correction,
4- last week, the FED news showed some uncertain weaknesses for the USD.
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
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.