Pattern: Parabolic rise on 1D.
Signal: Bearish as the RSI is printing a top signal similar to the August 2019 sequence.
Target: 1600 (0.382 Fibonacci retracement).
Previous Buy Signal on Gold:
Signal: Bearish as the RSI is printing a top signal similar to the August 2019 sequence.
Target: 1600 (0.382 Fibonacci retracement).
Previous Buy Signal on Gold:
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