Loading ...Longer term trendline for Gold. Break this first
This orange trend-line has been a nightmare resistance for gold since 2013. Makes sense we get a pullback right on it today.
Close up on the daily. Looking for a pullback/shallow consolidation to play out here. Inverse H&S or put in a handle on a C&H pattern.
Nice charts. Thanks.
Thanks Silverhawk….good point…we were not ever just blowing thru that resistance…got to chip away at it
Watching turmoil in Italy and financial target misses.
As well as EU reaction and Salvini’s counter reaction.
Could decide euro’s fate. And dollar’s, near term.
Nothing happens in isolation anymore.