🚧Gold - squeezing before breakout❓

2. Aug. 2021

After gold renewed its highs, it corrected by 20%. For a full year, the price has failed to reach new highs or even come close to them. Gold is now squeezing towards the $1834 level. That's a good signal for a breakout and rise. The first target and resistance will be the local high at $1916. After the price overcomes the local high, the next point will be the historic high.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade

7. Aug. 2021

Anmerkung

**GOLD broke a trend line after FED meeting. it should drop more**