Mayank-Pandey

W pattern in Gold. Bullish signs ahead?

MCX:GOLDM1!   Gold Mini Futures
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.

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