- January 9, 2020
- Posted by: Tradingshot Articles
- Category: Commodities
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Pattern: Parabolic rise on 1D.
Signal: Bullish as after the parabola broke down, the price reached the Support getting rejected on the 6-month RSI Resistance Zone.
Target: 1640.
Tradingview link:
https://www.tradingview.com/chart/XAUUSD/MZKYkqhG-XAUUSD-Consolidation-Buy-Signal