Is Gold trading in a descending triangle?
Updated
Maybe a bull flag as well, time will tell per usual.
One thing though, Gold has been in a bear market for YEARS, to suggest that the bear market is completely over is debateable.
On a smaller time frame there's clearly been a H&S pattern that played out after a rejection of a triple top.
One thing though, Gold has been in a bear market for YEARS, to suggest that the bear market is completely over is debateable.
On a smaller time frame there's clearly been a H&S pattern that played out after a rejection of a triple top.
Note
Gold is honestly showing some impressive strength. And with Donald Trump in office I think we are one tweet away from WW3. Technically, the U.S has been at war since...………………. Like fuck!ng forever!
The U.S was built on war like most countries, but the U.S is trying to bully a bully, but they don't realize it because Russia & China are much more humble..
Anyway, I'm getting bullish on GOLD again. Slowly, but surely.
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