An observation about the current Gold price (paper, obviously) see comments
(media.greatawakening.win)
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Personally, I think they will take out the double tops before a move down, if any.
On a 5 week chart it's clear to me the trend is up
https://www.tradingview.com/x/HEq6QtC5/
But too early to tell if it is going to reverse.
I suck at fundamentals though, so you could be right.
There is a big demand level at around $1920 - the sellers would have to break through that and it's been tested numerous times recently and still looks like pushing up.
It's a 'feel' at the moment.
Also, precious metals are heavily manipulated, normally they throw paper gold at it to suppress the price and keep it below 2K. Just look at where the double tops are priced at.
But if we are speculating the S is going to hit the fan this year, maybe the breakout will be too huge to suppress, who knows.
Ack, for short term, gold is fun to play with but long term, not my style.