If you look at the chart, or take any chart of gold with a weekly time frame and invert it, you'll see what looks like a poor support that probably won't hold.
That's also the resistance that looks ready to break and make a leg higher. It already broke resistance actually, but I want to see more confirmation and then I'll be looking to ride this up to $2,018, $2,260 and $2,320 for my final take profit. Those are the levels i'm interested in although my chart doesn't show that.
That's also the resistance that looks ready to break and make a leg higher. It already broke resistance actually, but I want to see more confirmation and then I'll be looking to ride this up to $2,018, $2,260 and $2,320 for my final take profit. Those are the levels i'm interested in although my chart doesn't show that.