#XAUUSD - Multi-year breakout on weekly timeframe confirmed
GOLD XAUUSD has confirmed a multi-year breakout on weekly timeframe.
It has been in consolidation mode since 2020 and last weekly candle is the first candle that closed above the big resistance as can be seen on charts.
MA's also are aligned; this definitely looks like its going up 20% in coming months.
It has been in consolidation mode since 2020 and last weekly candle is the first candle that closed above the big resistance as can be seen on charts.
MA's also are aligned; this definitely looks like its going up 20% in coming months.
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