Gold started trading inside a Channel Up following the September 28th 2022 bottom.
As you can see, the Higher Low since October 6th 2023 follows a similar structure to the one that started on November 3rd 2022.
This shows that the current bullish wave isn't over and should instead settle at around 2280 (+15.45% rise).
After that we may see a healthy pull back to 2105 (Fibonacci 0.618).
Follow us, like the idea and leave a comment below!!
As you can see, the Higher Low since October 6th 2023 follows a similar structure to the one that started on November 3rd 2022.
This shows that the current bullish wave isn't over and should instead settle at around 2280 (+15.45% rise).
After that we may see a healthy pull back to 2105 (Fibonacci 0.618).
Follow us, like the idea and leave a comment below!!
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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.
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.