Hi j,
Agree, there may be significant upside potential.
It may even be a Basing Pattern from the ~$1120 Low?
For now, Gold is turning Up :-]
[One of my favourite quotes: Lose your opinion, not your money.
It is also effective written as a question: Lose your money, not your opinion?]
Gold 3HLY Chart:
1. Up Channel Support?
2. Possible Resistance Levels shown, inc. Pivot Point?
Looking for a Long position if it builds a 3HLY Moving Average Double Low.
[That said, there are 'W' Basing Patterns on the 1HLY and 2HLY Charts]
Cheers,
U2
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