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Sinex
Mar 17, 2022 9:02 AM

Gold Bullish Once Again Long

Micro Gold FuturesCOMEX

Description

Gold bounce, and buy signals will likely take this to higher highs. 2200 or 2400 is still in play IMO. The weekly signal to sell can be disregarded as it will likely remain overbought.

Comment

Gold like oil are probably consolidating as the range has been really tight. We cant be sure as to when the breakout or breakdown will happen. The plan for now stays the same, we expect for gold to move higher. We await a signal on the hour supported by the daily bullish signals.
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