Gold last week has formed a clear rejection pinbar. The weekly RSI is nearly at a multiyear high....
At some point soon gold needs to correct to the 20 and 50 MAV's , before once again moving up.
Its difficult to short gold, but at current price , you may want to wait for a correction before reentering a long.....
At some point soon gold needs to correct to the 20 and 50 MAV's , before once again moving up.
Its difficult to short gold, but at current price , you may want to wait for a correction before reentering a long.....