Since I've been gone, gold decided to shoot for the moon. However, there looks like there was no pullback of any kind since its take off. The stutter step it did last week could be signaling the retracement is about to begin. So let's see how far will gold move for a big retest or something more.
BEAR TPS:
I have to wait a little longer to determine the BULL TPs fully. For now, I'll begin these TPs at 1326.14 and post new ones if it breaks that daily SR level:
BULL TPS:
BEAR TPS:
- 1337.50
- 1326.14
- 1319.26
- 1311.11
I have to wait a little longer to determine the BULL TPs fully. For now, I'll begin these TPs at 1326.14 and post new ones if it breaks that daily SR level:
BULL TPS:
- 1335.26
- 1342.28
- 1357.17
Will continue to update this one more as the week continues. For now, I'm looking for the tumble down.