Gold out of consolidation

In these charts, you can see the most important support (green lines) and resistance (red lines) to watch in the coming days!

Multi-Timeframe Analysis:

Hourly Chart: Strongly gets out of consolidation! (Bullish)

Daily Chart: making a bullish flag pattern. (Bullish)


Weekly Chart: in a downward regression channel in the past 15 months. (Bearish)


Monthly Chart: at the most important level (1800USD/oz) in the past 10 years!


Conclusion: in the next few days-weeks, gold is bullish and will retest 1830-1850, may proceed further and test 1900!