Gold at $1547
FUlly raised a ? what is next. Now all gold bull need to see gold break above $1800 the consolidation of 2011 to 2013.
Otherwise it may be a back test of BO just like CDNX did in 2011.
A new the Maginot line needs to be broken.
Also in EW term cycle wave b is not complete yet. It may be finishing cycle wave b here with final impulsive wave up. All commodities do that.
I do not wish it. There is a very bullish EW wave count also but calls for higher prices.
CDNX chart
Nice charts. Thanks Bikoo.