Since my last post, gold has continued its up trend sticking to my Gann (1,1) resistance line. The trend looks like it will continue on the path to the previous all time high.
Gann Fann analysis on gold
This Gann Fan was created on January 14, 2020 when the price of gold showed a buy signal on the daily time frame. 1535.80 is the price that I based this analysis off. Price tested the 15ema on the 'daily' but didn't have the strength to break through. Since then price has straddled the 15 ema and continued to respect the price channel.
