In my opinion, It appears that Gold is coming out of a consolidation since November 20th, 2020. Also, Gold bounced off 200 EMA on weekly chart acting as strong support. I think Gold will reach higher highs (breaking highest high ever) soon or in a few months or less.
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.