The price of gold trades with a bullish tone as it bounced back from a double bottom pattern. The projected measured move suggests a target of $1,800 once the price clears the horizontal resistance given by the neckline. Gold declined ever since it made a new all-time high in the summer of 2020. By the time the bearish trend formed lower lows and lower highs, bulls were caught by surprise. In the meantime, Bitcoin kept making new higher highs, as investors switched from the classic alternative investments to the digital ones. Moving forward, investors should be aware of the fact that the price of gold leads other ... (full story)