Annual momentum (price vs 3 year MA) shows a triangle formation.
A weekly close above this triangle (possibly happening now) will mean gold begins a multi-year secular move to the upside.
Momentum structures in DXY also suggest that USD has begun a downtrend.
Get ready.
A weekly close above this triangle (possibly happening now) will mean gold begins a multi-year secular move to the upside.
Momentum structures in DXY also suggest that USD has begun a downtrend.
Get ready.