Gold have become exhausted (13) as price reach fresh supply at 1308 which also happens to be a reversal level. The lines you see on the chart are MIDAS Curves, they represent important reversal levels in the market.
Trade closed: target reached
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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.