Notice how last year December has a similar pattern to gold right now. There was an initial spike up breaking the 10 EMA . Then for the next week or so, it was battling to stay up above it and constantly testing the 10 EMA . Eventually, gold re-traced back down to its low.
Today's gold movement appears similar. Watch out for the constant retests of the 10 EMA , if it does break down, I am buying at the previous low.
Hopefully then, rocket time!
Today's gold movement appears similar. Watch out for the constant retests of the 10 EMA , if it does break down, I am buying at the previous low.
Hopefully then, rocket time!