Legendary Trader Predicts Gold’s Breakout Mimicking Bitcoin’s Success

Renowned trader Peter Brandt shared his insights on the potential breakout of gold, drawing parallels to Bitcoin’s 2024 performance. According to Brandt, a classical “expanding inverted triangle” pattern observed in gold suggests its trajectory resembles Bitcoin’s during its price surge last year. However, he acknowledges that this prediction may be incorrect but has emphasized its significance for understanding market trends.