Gold bounce? Maybe. I'd like to see a breakout.

Gold / U.S. DollarFOREX.com

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⋅ Sep 20, 2021 5:42 PM

Gold is still sideways for me long-term. It's low in this wedge, which could see it bounce up. But it also has a major support/resistance line to contend with, which could push it into staying on one side or the other.

Comments

Fr33zerPop

⋅ Nov 12, 2021 9:32 PM

I'm bullish now, but wouldn't be surprised if it takes a break and retraces back down to 1829. Hopefully it holds that line.