Gold - where is it headed

Jun 9

Trading at parallel channel resistance now. Looks like coming down to middle of the range or bottom once before a long time breakout outside the parallel channel and once that happens the breakout will be huge since the parallel channel is from many years since 2015.

Jul 24

Note

Look at that huge fall!!!

Jul 25

Note

The fall continues. Now at the middle of the parallel channel 68952. First target close. If it breaks down more, it should fall down to the bottom of the channel which will make it a very very enticing buy at 60000. Again, no recommendation. This is for my personal learning and record keeping. Thanks to TradingView.