Gold's 2020 channel not broken -
No doubt, weakness of the dollar has been quite the moment for a ton of assets (Bitcoin, SPY, etc), but are we changing that thesis so soon with recent news out or Russia?
Taking a look a the daily futures chart, we can see the 2020 channel is still very much intact. If the channel acts as resistance, look for the next leg up!
Taking a look a the daily futures chart, we can see the 2020 channel is still very much intact. If the channel acts as resistance, look for the next leg up!
Pierce Crosby
GM, Americas @ TradingView
GM, Americas @ TradingView
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