Gold made all time high $2075. Since than it is making abcde correction which has almost finished.
This complex correction make perfect foundation for gold bullish rally which will make gold new all time high at $2100.
support of this correction being at 1765 and resistance for potential bull market is at $2120.
This bearish movement is result of profit taking at end of year.
buy low at support and sell high at resistance.
This complex correction make perfect foundation for gold bullish rally which will make gold new all time high at $2100.
support of this correction being at 1765 and resistance for potential bull market is at $2120.
This bearish movement is result of profit taking at end of year.
buy low at support and sell high at resistance.
Note
multitime frame analysis 
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Related publications
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.