Here we are looking at GOLD on the Weekly TF…
As you can see, GOLD just got rejected for the third time from the $2,080 level. When completely zoomed out, you can see that GOLD is trading in a massive bull flag, or in the handle of an even bigger cup and handle pattern.
If GOLD can consolidate and build up the power to break through this strong resistance, it will enter into price discovery, and begin a run to new highs…
I will continue to monitor this structure, and will update you when I see relevant updates in the chart…
Cheers!
As you can see, GOLD just got rejected for the third time from the $2,080 level. When completely zoomed out, you can see that GOLD is trading in a massive bull flag, or in the handle of an even bigger cup and handle pattern.
If GOLD can consolidate and build up the power to break through this strong resistance, it will enter into price discovery, and begin a run to new highs…
I will continue to monitor this structure, and will update you when I see relevant updates in the chart…
Cheers!
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Get trade alerts with exact entries and exits + daily videos with deep dive technical analysis on stocks, crypto, commodities and options. Find these at VerifiedInvesting.com
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。