Long

Bullish on Gold

Nice bullish flag pattern for Gold. We have a very strong uptrend which has consolidated nicely. It looks like a breakout may be imminent. In fact, due to the tumult in the market and currencies, I am surprised we have not seen it earlier. Perhaps it will capitulate at 2PM tomorrow with the FOMC minutes.

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.