Analyzing a daily time frame, we see a confirmed bullish breakout of a resistance line of a bullish flag pattern - very strong trend-following signal.
It looks like the price is going to retest ATH levels soon. Because the global trend is strongly bullish, we will most likely see its bullish breakout.
If the price breaks and closes above the underlined blue area, Gold will most likely go much higher.
Be careful!
❤️Please, support my work with like, thank you!❤️
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.