gold buys .. breakout or fakeout?

٧ يناير ٢٠٢٢

Gold has broken out of a megaphone pattern that formed at a nice area of support on the daily and 4h chart. I expect gold to continue bullish to retest the 4h trendline that was broken a while back and possibly continue bullish much further. However, I would be happy to take profit at the retest.