π Gold (XAUUSD) β Early Bullish Renko Structure Forming
Gold is showing early signs of a potential bullish shift based on Renko price structure analysis.
On the current 1H Renko view,
β 2 consecutive green Renko bricks forming
β Short-term momentum shifting
@investatrade Auto sales are slowing, margins under pressure, and the robotaxi/AI narrative still feels years away from meaningful profits. Technicals looks weak with weekly chart shows trendline break . Book value sits around $22 per share , yet the stock trades many multiples above that.