Commodities Analysis and Opinion

Gold Could Not ‘Pivot’ From The Bears

11/03/2022

Less than a minute

2022.11.03 11:20

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Petros Steriotis

remains well below the horizontal neckline support (ca. $1,700) that confirms a multi-month double top. According to classical price chart analysis, the projected target price is as much below the neckline as much as the height of the rectangle area is.

Gold Weekly Chart

Gold Weekly Chart

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11/03/2022

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