Gold is in a consolidation period. It has moved up too quickly and will need to revert back to the green parabola uptrend line. During this time, it should remain within the purple triangle. Outlier exceptions will occur but will be brief in nature.
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.
