GOLD moving between the ranges and forming a Double Top Pattern

GOLD Analysis :

Gold is moving between the ranges for long time in H4 Chart.

The increase in Fed Interest rate from 1.00 to 1.25% makes the GOLD to move down more.

Let’s wait for the Breakout from this range to make good profits on Gold.

 

In other hand, Gold trying to form a Double top pattern.

We should wait for the confirmation of Breakout at the bottom level 1220 to catch big movements on Gold.

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