Gold is in a bull trend but could 1372 be the coming target before a correction comes? Then the bull trend will resume to over 1400.
Comments
mrtommifunn
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mrtommifunn
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two charts to worry about. This first one 1 hr shows a modest rise back up to 1357, but its the second that is more concerning.
mrtommifunn
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This consolidating now with further buying potential.
mrtommifunn
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mrtommifunn
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I suspect gold might be forming this pattern.
mrtommifunn
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Forgot to mention it has just broke through the trend line to the upside
mrtommifunn
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It is struggling to get up. Volumes are low and 1372 might be a bit of a push. I have now locked in my profits taking all that i can on this ride up but getting ready for the drop.