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DF7G
Mar 9, 2020 1:07 PM

Few pointers on GOLD, looks like we hit top soon. Short

GOLD (US$/OZ)TVC

Description

Could the Coronavirus drive Gold higher despite the bearish signs?
Comments
noochboy
My 2 cents...

I believe the price might spike up to the 1730-1777 area. If it does, it created a cup, then there is a posibility it'll retrace towards the 1400 area to complete the handle.

Not totally sure, but it makes sense (to me at least) ;-)

DF7G
@noochboy, That's right, I've marked this area as a secondary resistance!
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