Gold made new recent high some selling came in at the top but it is not overwhelming.
The trend will continue. Wait for pull back to a conservative support/fib and look for strength to enter.
Despite the high volume in the upbar, there was little selling at the top; Could be aggressive buying of gold.
Wait for price to retrace to support or fib and look for buy.
Weakness in the background with sell down last Friday. Although some strength came in, it wasn't concentrated at the bottom.
Wait for price to retrace to Fib and look for weakness to enter.
Weakness in the background with sell off last Friday. However, strength came in at bottom.
Wait for strength to confirm and enter with target price at Fib.
