Yearsofcharts

Gold - massive resistance at 1800

Short
COMEX:GC1!   Gold Futures
Difficult to see what moves gold above 1800.
Would be short until that level breaks.
The trend is still down.
Comment:
I will Gold to a full position on a break out of 1860.
Bitcoin wobbles are probably good for gold.
Comment:

Gold and silver have benefitted the most from the crypto meltdown.
Gold is looking particularly sweet with limited near term resistance.
Full position.

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