Big money always manufactures an exit rally for themselves. That is what we are seeing in the general markets now. The only thing that can save the US economy now from a recession..
The 2008-2021 theme for America is high debt, a peaking population, rampant money printing, and “over the top” meddling. A pullback to the $1835 triangle apex on the gold chart may or may not happen...
Sometimes you feel like a beginner sometimes in these markets because war and inflation environments all at very unique. Gold's 18 day moving average / resistance is near $1,955.60..
If you want to trade gold on a short to medium term, you will need to understand the manipulation in the gold markets. Gold is set-up to fleece the gold bugs...