The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Technical Analyst, Saxo Bank
Summary: Saxo technical analyst Kim Cramer Larsson takes us through an analysis of gold and silver and explains what current patterns mean and what direction these precious metals are likely to go.
You can use Trade Signals on SaxoTraderPro to identify signals and directions on XAUUSD and XAGUSD.
Currently there is a Falling Wedge Break out on the daily time interval with “suggested” targets and stop levels.
And there are 11 other patterns emerging in the two metals: