Significance of not taking out the March 2021 low
#Gold #Silver #PreciousMetals #Commodities #ChartAnalysis #COT
Gold is still on track to test the $1814-$1825 area. If we clear that level, the Jun'22 high could be the next target. Large specs failed to break the Mar'21 low & the shorts are in trouble. https://t.co/nXYgSrUVxb— Palobar (@panpalobar) July 31, 2022
I looked at GLD historical prices
Mar 30, 2021 | 157.94 | 158.20 | 157.55 | 157.57 | 157.57 |
Mar 08, 2021 | 158.58 | 158.74 | 157.13 | 157.49 | 157.49 |
Please share your TA, in support or opposition of the above. Or, if there’s a totally different take on it.
Sir Plunger,
Do you think this will be just another BMR?
Thanks,
GL