Won't be doing swing analysis for the rest of December since this is the most volatile month of the year.
We are in an ascending wedge with Gold and it's on the verge of completing. So we're trading for the breakout.
The entire move still looks bullish overall to me. This huge move just looks like a big retracement.
So the target this round is two key levels: one above and one below.
BULL TPS:
• 1474.91
• 1486.85
• 1492.65
BEAR TPS:
• 1455.75
• 1448.67
• 1438.31
We are in an ascending wedge with Gold and it's on the verge of completing. So we're trading for the breakout.
The entire move still looks bullish overall to me. This huge move just looks like a big retracement.
So the target this round is two key levels: one above and one below.
BULL TPS:
• 1474.91
• 1486.85
• 1492.65
BEAR TPS:
• 1455.75
• 1448.67
• 1438.31