Strike Analytics

Gold

9 Mar 202108:27 AM

Gold prices are between the 61.8% and 66% retracement mark but as the gold price chart of the hourly data below show we may have an ending pattern just when we are getting the most bearish sentiment since 2016 with 12% bulls left on the daily sentiment index. This will end up being an important long-term bottom now.

Gold prices are between the 61.8% and 66% retracement mark but as the gold price chart of the hourly data below show we may have an ending pattern just when we are getting the most bearish sentiment since 2016 with 12% bulls left on the daily sentiment index.

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