I see a Double Bottom Formation on the 4HR Gold Chart. I believe that gold will have a significant retrace in the coming days post Covid-19 Vaccine News. This level we have just respected is a very key level for gold and is a strong demand zone for longer term buyers and investors.
Hopefully this chart helps someone and influences a profitable trade for them. I will be watching the price and looking for a good entry I have alerts setup at my buy zones so I will be patient and wait for price to form structure and i'll find an entry in time.
Hopefully this chart helps someone and influences a profitable trade for them. I will be watching the price and looking for a good entry I have alerts setup at my buy zones so I will be patient and wait for price to form structure and i'll find an entry in time.