THERE ARE TWO SCENARIOS.
1. On daily and weekly chart frames gold is following a downtrend line precisely.
2. On other hand we can see a ascending triangle on a shorter time frame.
Conclusion
If gold managed to break the triangle and the downtrend line so we can see gold reaching at least 1900$
There can be mistake.I would appreciate if anyone corrects me.
1. On daily and weekly chart frames gold is following a downtrend line precisely.
2. On other hand we can see a ascending triangle on a shorter time frame.
Conclusion
If gold managed to break the triangle and the downtrend line so we can see gold reaching at least 1900$
There can be mistake.I would appreciate if anyone corrects me.