A month ago I posted an idea about buying gold at 1250. I said to watch just the weekly chart and let it come to us and it has!
1.) We're at the 38% retracement of the whole rally
2.) Price sitting on 50 Week MA with 20 Week MA still sloping up
3.) Solid Risk Reward at this level to play continuation of this gold uptrend.
1.) We're at the 38% retracement of the whole rally
2.) Price sitting on 50 Week MA with 20 Week MA still sloping up
3.) Solid Risk Reward at this level to play continuation of this gold uptrend.