Expecting more up after pullback and to remain bullish until EU stimulus is being announced.
Gold bounced back from the expected 1765 level and rejected at the structural resistance of 1848. With a weekly RSI of 48.9 (daily 47) gold remains in bearish territory. The daily cci hit -220 and bounced back to -16.2 which is also in bearish territory but could push up more. Current support level between 1810 and 1805, breaking 1800 would open the door for...
Rising wedge pattern on GJ, potential short inbound
Possible gold trading range short term
ok... in terms of PA I was off, but time cycle performed well. adjusted the harmonic pattern to match but left time in tact. retrace inbound..
Fib time update - ATA 5hr from now.. ideal buy time 06.00 am.. let's see in the morning