Price needs to accumulate around prior month highs for a bit longer before I'm interested in going long.
The downtrend retracements needs to be invalidated before prices can go higher.
Another bullish scenario is for price to spike higher and have a sustained tight consolidation around the high of the spike.
The bearish scenarios are for a grind lower to the...
gold lovers or collectors, price is ranging for past 4 years and moving upwards since 2013 and 2016 respectively. That means start keeping commodities as low 1375 and sell as high 1920. This is a snapshot view from the look at monthly price behaviorial so not much details looking into it.