WE HAVE COMPLETED THE BOTTOM TOUCHES. WE ARE IN AN UPWARD MOVEMENTS. AS YOU ARE AWARE, S&P 500 HAS MADE ITS HH AND IN A BEARISH MODE , THUS WILL PUSH GOLD MORE HIGHER.
GOLD HAS RETESTED THE TRENDLINE MANY TIMES AND FAILED TO BREAK IT. WE ARE IN A SELL LEVEL
MOODYS RATING AGENCY IS RELEASING SOUTH AFRICAN ECONOMIC RATING STATUS REPORT TONIGHT. ECONOMY IS NOT LOOKING GOOD.
GOLD NORMALLY IS IN A BEARISH MODE REACTING TO NFP