Nice risk/reward in this bull flag. While other commodities are hitting resistance areas, Gold has been correcting. Nice add to a portfolio on a bounce here.
Note
With inflation fears around and a nice long consolidation, this remains bullish pattern.
Note
Gold starting to rise after battling with long-term support. you can follow future updates on this post.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.