For Nine years the $1,920 level loomed large for Gold prices, As this was the prior All-Time-High set in 2011

Last Updated On October 15, 2020 7:14 PM by Neal Bhai

It’s now been a couple of months that the bullish trend in Gold has been on pause; and this comes after an aggressive topside trend had taken-over this summer. After digesting over a two-month pattern from mid-April into mid-June, bulls took over to build a rally that drove for much of the next two months.

Gold prices had coiled into a falling wedge pattern but a failed break has muddied the outlook (2020)

Last Updated On August 9, 2025 4:33 AM by Neal Bhai

Gold prices looked primed for a topside break out last week as it coiled into a falling wedge formation. The pattern was marked by a descending trendline to the topside, derived from the August high, and a trendline on the lower end around the $1,850 mark.

For Nine years the $1,920 level loomed large for Gold prices, As this was the prior All-Time-High set in 2011

Gold prices had coiled into a falling wedge pattern but a failed break has muddied the outlook (2020)

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