On the Weekly chart Gold has formed a Bull Flag (a somewhat volatile one) and if we look at the Daily chart we can see an inverted Head and Shoulders pattern.
The safe haven instruments have not reacted much to the drop in dollar and I think there is a big bullish move coming next week if dollar weakness is continuing - a delayed but more momentum strong move.
The safe haven instruments have not reacted much to the drop in dollar and I think there is a big bullish move coming next week if dollar weakness is continuing - a delayed but more momentum strong move.
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