Quite unexpected. Dropped down from a rising channel, was in a rising wedge inside a descending channel, everything looked bearish. If this is similar price action like in November will there be an unexplained drop as well?
If PA holds inside the channel, there is high chance price will go above $2000.
Gold price action is similar to Link that was also very bearish and suddenly flipped bullish.
If PA holds inside the channel, there is high chance price will go above $2000.
Gold price action is similar to Link that was also very bearish and suddenly flipped bullish.
Note
Gold dumping back into the channel. Looks like November's price action. A close inside the channel is bearish. Gold volatility is a mystery to me, meanwhile stocks and crypto are pumping. Note
gold bouncing off channel 
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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.