Gold Fear; the news breakout.

19 thg 3

Gold seems pretty good to me. Volume is not decreasing to fast meaning that it will stay sideways for few hours. By volume drop, combined with a small harmonic pattern, it should go bullish completely. If it continues without rising the trend, it will drop. Another point is that oil chart hasn't drop, so if it keeps rising, gold will drop. If it change trend to sideways for accumulation, then gold will have an oportunnity to rise.