GOLD CHART UPDATED
- As discussed in the below chart Descending triangle breakdown has failed. Now if it starts to trade above the falling resistance line of the triangle it will target 1844 and higher.
- Trading above 1792 will weaken the bears as that will question the validity of this breakdown.
- For today a short sell is possible below 1762.Bears will be weak above 1792 as that will question the validity of this pattern. Above 1844 bulls will be strong.
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