XAUUSD GOLD although market has been very bearish recently breaking below the support of this longterm descending triangle, now market has clearly formed this massive double bottom on the daily timeframe rejecting the move down quite massively, im expecting to see soon a break back above resistance expecially with the very bearish USD and flip it once again support, then if this happens we can possibly look for the continuation to the upside.
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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.