Bear2020s

Breakout Levels: Historic Crashes, 2012

Education
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
After breaking through the first support level there was a quick bullish move which set up selling opportunities and the market then downtrend about 25% over the next three years. Supports were found in at the second support level and this was where the move bottomed out. From then onward gold has been in a general uptrend (relative to the low price).

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