We had the first half of the week, a small correction at the gold chart. Wich is healthy ofcourse. If you you zome out where are still in a bulltrend.
Just need to patience to enter longs again
What I want to see is a close and retest above the $1800 level. Wich is highly respected in history.
Gold has been moving sideways for abit now. We are currently in a new month and waiting for NFP to pass by. I'm waiting for a clean break of resistance before looking for buys, we are in a longhterm buy trend. But we can have shorter bear trends and correction along the way.
