Do you notice a similarity between 2020 and 2024 formations? Back in 2020, gold rallied 19% upon breakout from a rectangular formation. The entire consolidation lasted 80 days and run lasted less than 50 days post breakout. Presently gold already spent 50 days within the rectangular shape and I favor similar dip to $2,250 - 2,275 and then breakout higher. 19-20% could take gold nearly to $3,000 in one go...
