UnknownUnicorn1249598

Gold, mid-term ABCD pattern analysis

COMEX:GC1!   Contrats à terme sur Or
The price seems ready for a retracement. It was overextended and it bounced on the resistance level created more than a year ago, volume is becoming bearish. The price has also completed a mid-term ABCD pattern. I think it's gonna retest the previous broken resistance level(1298).

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