Things are really getting better for the world, or we have an excess of investor optimism.
I have been mentioning for some time that gold, the world reserve of the world reserve (dollar), would be about to make a correction towards the 1678 region.
Yes, I know it's an exaggeration, but it's entirely possible, so we can fill our carts with that reservation. Lol
It is worth remembering if this happens, with prices testing and not losing this region (1678), we can have the C&H pattern for the asset, with potential future gains well above the average.
Below are the most relevant support points for the moment!
Using a "primary" downtrend, we have a possible bottom, in the region of the "Golden Triple" of SETUP used in 1672
Do your analysis and good business Be aware, if you buy, use stop loss! See other graphical analyzes of gold below!