Gold is in a place where many are loading up on buys and I understand why. Gold has been taking some significant drops since pushing all time highs but check my charts and reason with me.
In the large timeframes gold still has some movement down to complete the cycle before going back for all time highs again.
Additionally it’s holding the $3388 resistance level (futures price) pretty strong on the 15 minute chart. It’s gonna be an interesting week for gold to say the least.
In the large timeframes gold still has some movement down to complete the cycle before going back for all time highs again.
Additionally it’s holding the $3388 resistance level (futures price) pretty strong on the 15 minute chart. It’s gonna be an interesting week for gold to say the least.
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