It looks like gold will continue to move higher after forming the ab = cd pattern on the 4 hour frame
Frankly, I did not expect this pattern to be effective, but it seems that this is a reality now. The price has reached the downtrend line and through what I see on the weekly frame, the candlestick patterns suggest that it will most likely break that trend and keep its bullish momentum
Hello dear
Hope your good and having some great time with MT5 forum I really like this forum it is one of the great place
Your analysis is quite nice I’m totally agree with best to go with the direction you have mentioned here I’m very confident that this pair will exactly target the mentioned area
I hope many traders will find this thread very useful and they will follow it with their best way. I always follow your Analysis but not agreed on you at gold bullish move because I am looking for bearish move. Best of luck
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