Since the end of March and the beginning of April 2021, traders have witnessed gold pricing begin a price advance after reaching a double bottom at $1675.
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PUBLISHED FRI, MAY 7 20211:39 PM EDTUPDATED FRI, MAY 7 20212:08 PM EDT
Gold futures had a historical upside move today. Not only did gold pricing break above the key and major resistance level that occurs at our harmonic. We define a harmonic when two different technical studies point to the same price point.
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