Double Bottom
>>> Gold trading in a channel.
>>> Taken Support at Demand Zone
>>> Bounce Back at the channel lower Band
>>> Formed a Double Bottom pattern and the neck line broken last week
>>> In 1 day Chart Gold take support at fib golden ratio
>>> Expect target up to channel upper band level
>>> Taken Support at Demand Zone
>>> Bounce Back at the channel lower Band
>>> Formed a Double Bottom pattern and the neck line broken last week
>>> In 1 day Chart Gold take support at fib golden ratio
>>> Expect target up to channel upper band level
Trade active
>>> Almost reached near the target so keep trail stoploseTrade closed: target reached
Book Profit or keep trailstop
Disclaimer
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.