TradingView
Trading-Capital
Apr 13, 2023 11:00 PM

Gold is shining...is it going to breakout? 

GOLD (US$/OZ)TVC

Description

Gold has rallied over 26% in a few months.

That is a massive deviation from the mean move in Gold, ofcourse much of this move is from banking fear.

With an upsloping wedge pattern forming, gold is likely going to make a new directional move.

Probabilities favor a break lower from this pattern but we shall see if Gold has other plans.
More