Possible moves on gold

FX:XAUUSD   Gold Spot / U.S. Dollar
My opinion on gold is

1. It would make a good buy position now, and
2. it makes a good hedge for a portfolio.

The reason I think it has upside potential is due to the dwindling investor sentiment in central banks' ability to drive inflation through monetary policy . For this reason, I think that the coming few quarters will see investors buying into gold as both a safe haven and a portfolio hedge.

This triangle could be a good start to further upward movement.
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