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Gold- Bulls need 1965-1970 zone intact
I was bullish Gold all last week and suggested only one thing: buy dips
So far, my bullish outlook is unchanged, and I expect a break above 2k
For Gold to maintain its strong bullish momentum 1965-1970 zone needs to remain intact and in this zone I will look for buying opportunities for a new test of 2k.
However, a break under this level would expose the last week's low and could even put a double top formation in play.
So far, my bullish outlook is unchanged, and I expect a break above 2k
For Gold to maintain its strong bullish momentum 1965-1970 zone needs to remain intact and in this zone I will look for buying opportunities for a new test of 2k.
However, a break under this level would expose the last week's low and could even put a double top formation in play.
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