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0.51% $1,391.7 gold futures

(XAUUSD, $1,980) might have bottomed today by testing, $1,969...

  1. tokyo
    13,537 Posts.
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    20/04/23
    14:14
    Post #: 67377423
    https://hotcopper.com.au/data/attachments/5214/5214607-34d7f190bd3e02bf538b1fbd8c4389a5.jpg
    (XAUUSD, $1,980) might have bottomed today by testing, $1,969 mark.
    Back in 2020, gold formed similar pattern and having bottomed in May, it rallied 24% within 62 days.
    If this scenario to repeat then gold could rally towards $2,350 - 2,500 level by August 2023...
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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