Yellow highlights show two very similar patterns in gold between the 2018 FED rate hike cycle which followed a January 2019 pause. This scenario forecasts a peak to prior high in October 2023. Gold has been closely tracking 2018 pattern all year.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.