Gold fighting up?
a new pitchfork has shown up and the price is moving in its lower channel in a relative strong uptrend. However regarding to FRS hawkish statements a break from 1980 to 1970 or even 1962.30 is still not impossible. However, more probable idea is continuing the uptrend to 1990>>>1993.33. After that 2000 and 2009.41 will make problems. On the other hand, the time analysis of pitchfork shows that the price should probably touch the middle line of the fork until 4.December.
It would be very nice of you to share your Ideas in comments.
It would be very nice of you to share your Ideas in comments.
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.