Gold Futures
Long

Gold completing a 4-month Bull Flag consolidation, 3800 next!

46
We can see the classic bull flag consolidation pattern which has been going on ever since the stock market decided to go on a rager!

Even with that going on, smart money continues to buy gold on the dips as you should too.

Once Trump installs a phoney new BLS chief and moves to pressure the Fed by nominating a new governor after Kugler's departure the message will be clear:
1) the BLS and the Fed are no longer independent
2) the US dollar is going to tank
3) Gold is going to boom!

Good luck and happy trading!

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.