Hello traders and investors! Let's get into the business, shall we! We can see gold ina downward wedge and also a triangulation pattern. This is bullish as once the lines converge, there is a high chance that the price of GOLD will raise significantly. The RSI is maybe gonna go into oversold territory, before bouncing back to the high 1800s- low 1900s. The macd converged again, which signals a bullish setup could play out. I think you should buy GOLD when it dips below the range in the RSI, signalling a buying opportunity or when the commodity triangulates. Warning! I am not a financial adviser and take this with a grain of salt. Happy trading!
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