ICE-Forex

💹XAU/XAG WEEKLY TERM

Long
OANDA:XAUXAG   Gold/Silver
Examining the weekly chart, the price has been trading in an upside-down head-to-shoulder or a pinched sideways movement between the $85-60 levels.
Then it broke through this compression zone and started to rise.
There may be small reaction decreases, My guess the price will reach its target in 3-4 months.

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.