Good you asked -I was thinking about the chart - and the one...

Good you asked -
I was thinking about the chart - and the one thing that is a bit off is the DXY is pulling back but anyway focusing on the Gold chart
sort of double bottom now - I was thinking it might do a silly move to the downside - however - the last time it did that was when covid hit - so really no need for panic - unless someone can see something I am not seeing - -
Gold usually gets very tested and pulls back hard so- ok - I put the lines where they made sense - cause really the chart is choppy and ambiguous at best - it has actually bounced for now a bit - lets just see - all the gold stocks are pinching - might take a couple of months to play out the whole triangle just painful for goldies atm