Disregarding the current state of the world economy (BRICS countries selling
US Bonds, loading up on
Gold)
From a PA standpoint, we have some more upside to Gold.
Things to note
- From the month chart, I have outlined equal highs of untouched liquidity. Marked by the large wave
(Always look for equal highs to be a magnet)
- On the 4hr, price is about to retest a bullish OB indicated by the 2nd cow. From here i fully expect price to run up to the bearish OB and touch the liquidity resting above.
I expect Gold to continue upwards to the monthly equal highs and swim in those waves amongst the whales above 2072
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