One last opportunity for gold might be coming up soon

FX:XAUUSD   Gold / US-Dollar
230 4
The chart is clearly looking like gold will eventually head to the 900s for the one last time. I'm not short or long at least in trading. I'm still holding my physical as hedge.
I like your wedge, but that is more likely bullish IMO. Google Ascending wedge bud. "The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns."
faronf faronf
@faronf, I believe history will show, this is one of those "instances"; maybe $1230-1240 one last time?
@faronf, looks like a bullish upside down bullish triangle to me which is bearish but we just have to wait and see. Thanks for your take its good too
faronf nyanmaung
@nyanmaung, I guess the reason I see it more bullishly too is that I am forecasting 2+ more years of USD weakening... USD in the throws of a 15 year super cycle and the final leg is bearish. Good luck.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Forex-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden