January is seasonally a 1.8% bullish month but so far it is down quite a bit for the month. So we will see rebound from here or lower price to the high of December at minimum. Just have to be patient and position wisely here.
On the weekly chart we have tested the upper BB band and found support at middle BB line.
Over at the monthly basis, the ADX line is about to creeping up the 0 line which could be really bullish for the metal.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
On the weekly chart we have tested the upper BB band and found support at middle BB line.
Over at the monthly basis, the ADX line is about to creeping up the 0 line which could be really bullish for the metal.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.