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Gold- Correction done. 2k and above next?
In my yesterday's post, I offered two possibilities for Gold to resume its aggressive up move.
Gold indeed reversed, and it was from the first level of support also leaving a Piercing line candle formation on our daily chart.
At this moment we can consider the correction over and the road is clear for a new leg up, probably above the 2k zone.
I'm looking to buy dips and only a drop under support would negate this bullish scenario.
Gold indeed reversed, and it was from the first level of support also leaving a Piercing line candle formation on our daily chart.
At this moment we can consider the correction over and the road is clear for a new leg up, probably above the 2k zone.
I'm looking to buy dips and only a drop under support would negate this bullish scenario.
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