We've seen a 'week of wicks' on Gold, if refused to drop and refused to go up numerous time, but still managed to stay on positive momentum, on this Weekly chart we have a more clear view of Gold and the direction, it almost hit ATH during the start of War in Ukraine but still is around 100$ down that price. Triangle broke was beautiul but still might have been due to War and would be considered a fake one. If Gold manage to go above 2,000 level than we'll see a confirmed beautiful continuing uptrend channel, otherwise 1,800 might come quickly.
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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.