TraderEye Market View: Gold has not weakened relative to other major assets in the world

Monday, September 2, 2024

Gold has not weakened relative to other major assets in the world

A bullish head and shoulders technical pattern in combination with a bullish shark type harmonic reversal pattern may allow the price of gold to continue its course, i.e. to continue strengthening.

Attached is an hourly graph of the price of gold showing the combination of the technical pattern with the harmonic pattern, a unique but not uncommon combination at all:

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