Gold bullish long term trend still intact

2021년 1월 18일

Chart pattern:
Cup and handle
- Cup completed. Handle forming
- Handle is a falling wedge (squeezing declining volatility) which is bullish in an uptrend

Long term (years) uptrend channel still intact.
- more room for upside.

Open interest indicator is low on a monthly timescale.
- which corresponds to squeezing (declining) volatility

All in all long term hold for years