Looking at the daily chart
, there has been a clear range that gold
has been trading in since the fall. Gold
is now at a point where it has to decide to be bullish
. This is a tough call, but I am slight bearish
on this move just for the sole reason that i continue to see lower highs being made in the indicators to confirm the downtrend. But still this is a coin flip IMO. Open to others' interpretations.