TradingWithTheTrend

3 Case Scenario for gold

OANDA:XAUUSD   Guld / USA-dollar
There is 3 case scenario for gold, and Bitcoin and Silver will follow path

We are currently in a squeeze of two ascending grindlines for gold and it can squeeze higher to the 2000s make new highs and fizzle down to retrace, or it can breakout on the squeeze to the downside and have a rest after it has had a massive run to the upside. In the third scenario it can be a new set-up for a new trend to the upside and we can see the prize squeezing higher to the 2400 - 3000s.

Link to the previous gold analysis in the related links, it most likely won't play out that way
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