Most likely Gold will continue to go up, the chances are more to go up after it broke the triangle, but there's still a possibilty to form H&S and go down from there to 1,900 consolidating and than 1,800! Support been broken but still need an eye.
We've seen a 'week of wicks' on Gold, if refused to drop and refused to go up numerous time, but still managed to stay on positive momentum, on this Weekly chart we have a more clear view of Gold and the direction, it almost hit ATH during the start of War in Ukraine but still is around 100$ down that price. Triangle broke was beautiul but still might have been...
Gold for the start of coming week, if it keeps going above 60 than we can see 85 really fast!
Will it break up or follow the channeling downside? Let's wait and see
it's about time now, Gold will close triangle and explode until than 4H chart should fulfill at around 18-22
Gold is about to break the triangle tomorrow, heading for 2,000 or below 1,900 still not sure which side since Daily chart is undecided and may change intraday.
Daily chart show some closure of movement on triangle. Soon it will decide where to go
Two possible ways, Gold can continue to hold and then go up, or continue downside will will be brutal if it goes below 1915
DXY after tripple top seems breaking channel and continuing upward!
will if follow channeling down? Fib retracement help determine the fate of it, but mostly the war does that too.
Fib extention shows a bullish sign, it my fly from here be very carefully
Gold on long run seems bullish after it broke the triangle upward, this there's alot of time to pass but planning on long run gives alot of clues!
Once Gold break 1,900 and find support this will go deeper, the same thing for longing, 2,000 and support is a bullish uptrend on long run! Mind your own risk!
Gold been channeling today even tho there was alot of volatility. My guess is this will change direction as oil continue to fall
It's still unclear where this should go, but following oil and 4H seems valid tho!
Gold is both ways expected, sell as it seems overbought from yesterday, and buy as continues from Oil rise! Still mind your own risk!
1920 seems a very strong level for Gold, yesterday we saw it passed to 1,900 level and quickly came back up, and was 100% correletated with Oil fall, due to the news that Russian forces would step back! Still a undecided zone for Gold but my guess is sill up!
Becarefully because Gold can shift and change direction daily during those times! It's still not clear which way but as i have always said as long as war is on play Gold is hard to drop below 1900.