As you can see, gold already penetrated above descending channel, which would imply the prices into very high levels if the purchasing power kept powerful.
To be continued...
Note
wait until we get a 4h candle close above the descending channel
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.