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PatternsHunters
Mar 19, 2021 5:11 PM

Gold going up after forming Gartley pattern Long

TVC:GOLD1D
GOLD (US$/OZ)TVC

Description

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After forming the Gartley pattern on the 8th of March, gold seems to be going up again.
The Gartley formation can be supported by the 38,2% Fibonacci retracement level:


If the current move gets negated, we also have a possible Butterfly pattern forming at $1560:


Scripts used in this analysis:
Harmonic PatternsGartleyharmonicsignals
Comments
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filmoneymaker
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PatternsHunters
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@filmoneymaker, You already asked for it in a private message and I gave you access and answered that message.
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