This is my current and longterm view of gold. Right now gold is still trending strongly, in a more bearish trend i see 1670s-80s as a strong target area. Alternate scenerio for a more bullish sentiment will be more in the 1850-60s as potential targets. My short term target of 1737 is still at play as well
why are you omiting the yearly Central pivot point and CPR. The central pivot has been tested in Q1 every year when the price opens the year up far from it. for over 20 years... pretty amazing. This is year it has done the same. except tested from above this time. in the past testing the yearly cpr from above has been a good sign of growth. currently we are within that channel and I think next trip is to the topside of the cpr. If bitcoin is going to be bullish then I think gold ought to be bullish as well. here is my low timeframe view