CFD_CapitalGroup

Gold Breakdown From Ascending Triangle

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
hello traders, now I will present my analysis for gold today, as you can see, gold has broken down from support in the ascending triangle, the cause of the drop was due to the PPI which was a bit scary so retailers sold gold assets and caused panic sells that made gold was quite avalanched at that time, and for the price target here I target the price at 1744.2

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