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PeterLBrandt
Jan 5, 2021 1:34 PM

Gold enters new leg up Long

Gold FuturesCOMEX

Description

There is a chance that Gold has completed a channel on the weekly chart. This should now set in motion the next up-thrust in Gold's bull trend. GC_F
Comments
TradingView
Peter, it's great to have you on TradingView sharing charts! We've added your chart to Editors' Picks. Here are 200 coins.
Leo1Luke
@TradingView, shining light on new authors, classic
HackneyCrypto
@Leo1Luke, Lolz
googooboyy
@TradingView, Enjoy the coins Peter. =D
ProjectSyndicate
neat technical summary, keep it short and simple. I like that!
financialflagship
Hello and thanks for sharing your view.
I agree on the weekly bullish trend, however we may get a price pullback on the 4H timeframe to gather some momentum for the bullish move.

Cheers!
MelviPais
did not break upwards
georgescott788
Hi Peter. Could there be a big inverse head and shoulders on gold?
nagihatoum
bullish now, there is still a slight chance it will drop. If not it is $3000 EOY.
Nemomeimpune
Well... if you follow the trend from 2011 you will find a long "cup & handle". So.... yes, we are on the track "north".

NEMO
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