Testing the bottom of the pitchfork. If we break that there is good support at the bottom trend channel around 1260.
Trade active:
Hugging the bottom of the fork could be ready for the move up.
Trade active:
Moving down to uptrend support (yellow line) around 1260 - critical!
If we break that looks looks like 1200 is next.
Usualy NOV - DEC are bad months for gold- will this time be different? If it is, gold will blast past 1400.
If we break that looks looks like 1200 is next.
Usualy NOV - DEC are bad months for gold- will this time be different? If it is, gold will blast past 1400.