Gold Post Reversal 01.11.2023

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Gold Post Reversal 01.11.2023 by BDSwiss_Academy on

Gold experienced extreme volatility. It broke the triangle formation upwards testing again the 2009 USD resistance level before it finally reversed suddenly with a drop to 1975 USD/oz.

This reversal could create an opportunity for a retracement as per the arrow and back to the 61.8% of the downwards move.

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