It is clear that Gold has been on a steady bear trend.
From the look of the pattern forming in the daily chart, it appears that the price is raising to form a lower high (purely speculative of course).
I'll need to see some clear lower highs before deciding when a bull trend comes along.
However, over a short period of time, there may be opportunity to catch a bull move.
From the look of the pattern forming in the daily chart, it appears that the price is raising to form a lower high (purely speculative of course).
I'll need to see some clear lower highs before deciding when a bull trend comes along.
However, over a short period of time, there may be opportunity to catch a bull move.