Chat with us, powered by LiveChatGold Corrects from Peak, Potential Bearish Pattern Emerges

Gold Corrects from Peak, Potential Bearish Pattern Emerges

Gold Corrects from Peak, Potential Bearish Pattern Emerges

Gold Corrects from Peak, Potential Bearish Pattern Emerges

Gold experienced a correction after reaching a new peak, suggesting the potential formation of a bearish double-top pattern, waiting for further verification. The future trajectory of gold is ambiguous; it may either climb higher or undergo a downward correction, influenced by the dollar's fluctuations.

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

2300

2250

2200

2140-45

2088

2055-60

 

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