Gold looking for new all time highs on Monday, 2024/03/04

Gold has seen bullish momentum over the past few days and has succeeded to test and break all technical aspects of charting. Today's spike was significant because of how dominant it was and it shows that the big money was buying gold at a discounted price and they expect huge momentum to the upside. The institutions are majority long on gold as they have been for some time. However, this strong candle today has extreme correlation with that of the candle on 01/12/2023, which also occurred after negative ISM Manufacturing PMI data. The similarities are interesting to study. The previous ATH was set within 30min on the following Monday morning market open, and trickled back down to a lower range within an hour. #SETANDFORGET