From my previous publication, We can see gold climbing steadily.
My idea has not completely changed. Gold has reached ATH 3x in a row creating a "Tripple top" and an ascending triangle. Minor pullbacks to previous S/R levels.
The currently imposed tariffs and dovish gold news can raise its price to a new ATH. Gold kept breaking through Bearish OB, hence Bulls are known and will not be leaving the market anytime soon. The next big impactful news can either pump or dump the price of gold. {Pump to aATH / Dump to reset and continue to rise}.
My idea has not completely changed. Gold has reached ATH 3x in a row creating a "Tripple top" and an ascending triangle. Minor pullbacks to previous S/R levels.
The currently imposed tariffs and dovish gold news can raise its price to a new ATH. Gold kept breaking through Bearish OB, hence Bulls are known and will not be leaving the market anytime soon. The next big impactful news can either pump or dump the price of gold. {Pump to aATH / Dump to reset and continue to rise}.
Note
The Gold Audit will be the next impactful news as traders are at the fence but still treating Gold as a safe haven.
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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.