I am hoping this is a trading range, as many gold stocks are setting up for entries as well. Although many have also had failed Spring entries recently.
If it does not reclaim the lower S/R line, the next support is quite a bit lower, around ~$1560.
When you look at the weekly, it looks like it is just consolidating near the top of the previous high, before hopefully pushing higher
No trade on gold at the moment until this line is either rejected or held as support.
If it does not reclaim the lower S/R line, the next support is quite a bit lower, around ~$1560.
When you look at the weekly, it looks like it is just consolidating near the top of the previous high, before hopefully pushing higher
No trade on gold at the moment until this line is either rejected or held as support.
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