Look for pull back to $3.76 consiolidate
Pull back to $3.76 Look to entry at these levels after confirmation of points below ( one scenario)
1. as. strength wanes
2. Dollar has a slight rally up and then EVN back down to consolidate
3. then Debt Ceiling anxiety brings gold price up
4. Debt increased to $$$ >34Trillion - Dollar looses more purchasing power - USD down $1.00??- ZIRP - rates down, down
5. EVN goes up with
GOLD
up
6. Target $3.76
7. React to any other narratives -if trend still is our friend then next target $4.45 (Fib Ret 31.8)
1. as. strength wanes
2. Dollar has a slight rally up and then EVN back down to consolidate
3. then Debt Ceiling anxiety brings gold price up
4. Debt increased to $$$ >34Trillion - Dollar looses more purchasing power - USD down $1.00??- ZIRP - rates down, down
5. EVN goes up with
GOLD
up 6. Target $3.76
7. React to any other narratives -if trend still is our friend then next target $4.45 (Fib Ret 31.8)
