Veteran trader Peter Brandt has warned that gold prices could experience a sharp decline after spotting a bearish pattern on its weekly chart. This pattern, known as head-and-shoulders, forms when an asset’s strong rally begins to lose momentum. It is characterized by three peaks, with the middle one being the highest.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
