Gold getting ready to retest the All Time High

٢٥ ديسمبر ٢٠٢٠

Aside from a possible bull flag and the completion of 2 corrective measured moves down, the 13 EMA is about to attempt to cross over the 48 again on the daily. The first real attempt at a cross during this correction was in NOV, which popped but ultimately failed. I've found that the 1st attempt often fails and the 2nd or 3rd attempts often succeed. Good luck!