Is gold really back? (Aug. 10, 2022)

With the help of price and time, Gold is back above the 6-month old trendline that has been keeping this market under pressure. While a consolidation from here may be healthy, bulls need to see a sustained break above the respective resistance line.

Disclaimer> This post is purely informational. It does not constitute a trading or investment advice. Financial markets are inherently risky. Honor your risk management decisions.