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Gold is in Gorilla Mode, Technically Speaking

gold in gorilla mode

We’ve covered silver for the past few episodes, so I’ll discuss a chart on gold in this episode. Gold is in GORILLA mode at the moment. It is breaking through trading channels, and the moving averages are diverging to the upside which is extremely bullish.

If we have a pullback, it forms a cup and handle from 2011 high of $1900 to 2020. Cup and handle formations are really bullish, especially over such a long time frame. What could cause gold to rocket higher? Watch the video to find out.

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