3 Reasons Gold Remains A Bullish Trade Short Term...

Here are the 3 reasons gold may remain a bullish trade on the daily timeframe:

1. Double Bottom: Gold has been bearish trend since early March '22 but recently created a double bottom pattern
2. Gold price breaks the downward trend trailing price from its March peak
3. The second double bottom formed a Higher-Low to the Sept 28th swing low (1)

Gold price is now hovering withing buyers rejection level. Lower timeframe will trigger BUY OPPORTUNITIES here; OR gold will continue to honour the bigger downtrend

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades