Gold is about to challenge the neckline of a 100-year head and shoulders pattern against total currency in circulation.
That neckline is approximately 12% higher than we are now. My assumption is that we test it before the end of the year. If we clear it and hold it after the year ends, we will be in very good bullish position for 2026.
That neckline is approximately 12% higher than we are now. My assumption is that we test it before the end of the year. If we clear it and hold it after the year ends, we will be in very good bullish position for 2026.
ملاحظة
I meant inverse head and shoulders!
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إخلاء المسؤولية
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.