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As the chart shows, gold has traced a symmetrical triangle pattern. Many adherents of traditional technical analysis believe that generally a symmetrical triangle is a continuation pattern.
Also, a large and lopsided inverted head-and-shoulders pattern can be construed on the daily chart for December gold. This is a bottoming pattern. But, it has not yet been confirmed. In order to ...
LIMASSOL, Cyprus, March 17, 2025 (GLOBE NEWSWIRE) -- ForexVIM, an advanced AI-powered trading tool, has been launched to enhance gold price analysis with smart pattern recognition. Designed to ...
Gold reached a high of 1,938 today before encountering resistance that turned the precious metal back down. That high completed a 23.6% Fibonacci retracement. The initial advance triggered a ...