Inverse head and shoulders and MACD looks like a continuation. The weak hands are out of gold so now it is beginning to behave like a safe haven, and just the right time as markets are about to tumble again.
AND don't forget COMEX and LBMA loss of confidence!
Where's all the physical gold???
Target: $1728
AND don't forget COMEX and LBMA loss of confidence!
Where's all the physical gold???
Target: $1728
Trade active:
Good possibility we are going to blow past 1730 resistance and head straight for $1830!
If gold price ignores 1730, watch out for big spikes up as Gold futures market short squeeze strengthens and COMEX and LBMA further loss of confidence spreads into Wall St.
If gold price ignores 1730, watch out for big spikes up as Gold futures market short squeeze strengthens and COMEX and LBMA further loss of confidence spreads into Wall St.