New bull run for Gold?

I suspect gold is in the middle of a cup and handle continuation. Though it's technically too early to call, I suspect price action will play something like this. Lines were drawn around ~$1,400. Pull backs are for longs.

Transaction en cours:

Still watching for macro uptrend to kick off

Commentaire:

This is playing out as expected. Macro global/political events are definitely helping push Gold up. Patience.

Commentaire:

Worth mentioning, the signal that tipped me off here was the rounded bottom which suggested a new macro uptrend was imminent. I expected a strong sell off at the previous ATH, but we didn't see much at all.