With the potential for some USD weakness, Gold's weekly chart is showing signs of strength. Following a breaking just over a year ago (Aug-2017), we saw a consolidation which was followed by a rebound in the third week of Dec 2017. Over the last 7 to 8 weeks we have seen another consolidation taking place with a potential double bottom off the daily chart.
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.