GOLD had an impressive consolidation day today. Even though technical indicators (MACD, RSI, Bollinger Bands) show that its overbought, it didn't give much on the downside and is now showing strength as the session closes.
I'm still anticipating an attack on the highs in the first few days of next week... (green channel indicates projected route).
NOT anticipating that gold breaks through, however.
I am open to changing my mind if the technical indicators change, of course.
Have a great weekend!
I'm still anticipating an attack on the highs in the first few days of next week... (green channel indicates projected route).
NOT anticipating that gold breaks through, however.
I am open to changing my mind if the technical indicators change, of course.
Have a great weekend!