As we've observed in the past two weeks Gold has been in a significant uptrend due to its negative correlation with the DXY (US. Dollar Index) as well as overall volatility in the markets. However as we all know the law of gravity states that all things that go up must eventually come down.
Reasons: 1. Rising Wedge Pattern and Breakdown Confirmation 2. Tweezer Bottom Candlestick Pattern 3. Tweezer Top Candlestick Pattern