Long term out look for gold.
Gold is currently trading at key level.
Still too early to tell where it might go.
Will update each week as it go.
Short bias at the moment as price stay below 1215.
Gold is currently trading at key level.
Still too early to tell where it might go.
Will update each week as it go.
Short bias at the moment as price stay below 1215.
Comment:
This week gold break below 1212 level and close back above it.
This is a false break and reverse.
This idea is invalid as gold price stay above 1212.
Bull is back in the game.
This is a false break and reverse.
This idea is invalid as gold price stay above 1212.
Bull is back in the game.
Gold might be turning to upside now that dxy showing rejection at 618 fib.
This monthly chart can't be disregard as yet as price have not close above 1212 for confirmation for upside.