We have seen Gold recently make great gains to the upside. Broke out of the first range and now seems to be in the second range. Right around the $1500. It has failed to break the $1510 resistant and pulled back each time.
If we get the break of $1510, our next target would be $1525.
If $1510 stands strong and we don't break to the upside, look for a pull back to the $1480 range.
Just ideas, trade at your own risk.
If we get the break of $1510, our next target would be $1525.
If $1510 stands strong and we don't break to the upside, look for a pull back to the $1480 range.
Just ideas, trade at your own risk.