Daily gold chart clearly defines a flag and pennant
setup. This is a bullish setup and it is a good sign
when the price consolidates sideways for a short period
as it gives times for the weak hands to exit.
A slight pause in the price rise also makes
future rises more sustainable and anything that rockets skywards will always crash like a brick.
in the coming months, expect a move higher
as all the governments around the world will always inflate the debt away as its the way to tax people without them knowing. only 20% of the population understand that inflation is just a hidden way governments tax the slaves.
setup. This is a bullish setup and it is a good sign
when the price consolidates sideways for a short period
as it gives times for the weak hands to exit.
A slight pause in the price rise also makes
future rises more sustainable and anything that rockets skywards will always crash like a brick.
in the coming months, expect a move higher
as all the governments around the world will always inflate the debt away as its the way to tax people without them knowing. only 20% of the population understand that inflation is just a hidden way governments tax the slaves.
I am IronBuddha
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.
I am IronBuddha
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.