GOLD MCX-Repeting Pattern ! GOLD USD-Pattern Breakout

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GOLD MCX-Repeting Pattern ! GOLD USD-Pattern Breakout

weekly chart

getting some similiar pattern breakout

consolidation between 2016-2019 then all the way 34000 to 54000 ->Even dosent came to test breakout levels

Now consoldation between 2020-2023 now breakout

expecting positive momentum for long time as USD Gold has broken very large Cup & Handle pattern which will be failed only below 1600

Keep watching Ratio charts of GOLD VS EQUITY to get more insight and where to be aggrasive

#AhmedabadNest #GOLD #MCX #USDollar #pattern #Breakout #analysis #relativestrength #allocation #rotation