XAU/USD - UPDATE#2
Good morning all,
Gold is currently bouncing around the 1557, 1558 price mark. Hoping the analysis shown can predict a possible outbreak before a possible re-adjustment to the price once the breakout has began to slow down/finish. The Blue zones show the area of which a breakout would cross & the highlighted rectangle shows frequent consolidation around that price. Please let me know what you think, don't hesitate to comment. All Published Elements are NOT Investment Advice but my Personal Opinion.
Regards,
JP
Gold is currently bouncing around the 1557, 1558 price mark. Hoping the analysis shown can predict a possible outbreak before a possible re-adjustment to the price once the breakout has began to slow down/finish. The Blue zones show the area of which a breakout would cross & the highlighted rectangle shows frequent consolidation around that price. Please let me know what you think, don't hesitate to comment. All Published Elements are NOT Investment Advice but my Personal Opinion.
Regards,
JP
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