All observations on chart.

MULTIPLE CONFIRMATIONS & EXPLANATIONS OF DRAWINGS

As you can see gold bounced tom 38.2% fibonacci level a good level to buy the dip.
19% correction from the top till pre covid levels

Falling channel pattern visible on charts, usually gives good move on the upside.
Double bottom pattern breakout given today.

Price comfortable above 20 moving average & made a new swing high

Overall this is attractive price to enter from long term view.
บันทึกช่วยจำ
On daily timeframe, there's breakouts of falling channel.
Beyond Technical AnalysisChart PatternsDescending ChannelDouble BottomFibonacci RetracementpriceactionTrend Analysis

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