W pattern in Gold. Bullish signs ahead?
Although I am more of a trend follower, dabbling into Technical Analysis always excites me (which is literally opposite to the philosophy I preach). You can call out the contrarian in me and I will not have any issue with it. :D
Anyway, this example is another classic 'W' in the making. Once the resistance line is broken, there should be no looking back in short term.
Anyway, this example is another classic 'W' in the making. Once the resistance line is broken, there should be no looking back in short term.
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