Gold is on a strong supply. It was at this price in December. Given the ever-higher bond prices and the weakening dollar, it would be logical to invest in gold. Why gold is "uninteresting" in the current situation. It's easy many investors have focused on Bitcoin, Ethereum and other altcoins. But gold, in my opinion, is still a good store of value in these...
It looks like we are witnessing a hunt for a stop lost position. I think shopping will come after this hunt. It is still necessary to monitor the development of the graph and volume. Currently we have lower hight and higher low, it is necessary to wait for the short-term trend to turn on the H1 chart.
This is just my opinion. Don't take it as an investment recommendation
On the H4 graph we show the completion of the trinagle structure. We are waiting for the triangle to be pushed upwards with the support of a strong volume.
