New bull run for Gold?

15. Aug. 2019I suspect gold is in the middle of a cup and handle continuation. Though it's technically too early to call, I suspect price action will play something like this. Lines were drawn around ~$1,400. Pull backs are for longs.

8. Sept. 2020

Trade ist aktiv

Still watching for macro uptrend to kick off

8. Okt. 2020

Kommentar

This is playing out as expected. Macro global/political events are definitely helping push Gold up. Patience.

9. Okt. 2020

Kommentar

Worth mentioning, the signal that tipped me off here was the rounded bottom which suggested a new macro uptrend was imminent. I expected a strong sell off at the previous ATH, but we didn't see much at all.