GOLD BREAKOUT TO YEARLY HIGHS

21 ביוני 2020

The last weekly candle closed VERY bullish. The last daily candle closed above weekly resistance and completed an inverse head and shoulders pattern. This could possibly cause a strong bull run to yearly highs. A possible move to 1788 (a long term key level) is the target. Otherwise, it could retest the current yearly high at 1765 and after retrace to this weekly zone.