Patiently waited for confirmations from USD forex pairs and commodity news to see a potential recovery to GOLD. This rejection from the 1724s have been confirmed and bounced perfectly off it aswell as the 0.3 FIB. Now I see this recovering to 1760s slowly or quickly depending on news in the next 14 days. We should see main direction within that time frame.
Long term wise, I do see silver corresponding to dollar weakness and so I do see GOLD possibly returning to the 1800's
Stop has been set at 1723. However chances are much more probable to the upside. Like or comment if you agree or disagree.
Long term wise, I do see silver corresponding to dollar weakness and so I do see GOLD possibly returning to the 1800's
Stop has been set at 1723. However chances are much more probable to the upside. Like or comment if you agree or disagree.