Gold Futures: From One Box to Another
Gold has displayed the tendency to move from one congestion zone to another. Price has been in a congestion zone, a.k.a re-accumulation in Wyckoff terms, for a while now. The next destination seems to be the upper green box starting at $1,530-ish, extending all the way upto $1,804. Let's wait and watch.
Pondering if it is time to increase weightage of gold in the portfolio. too early to make that call, but get a feeling that a case for the switch might not be too far off.
Pondering if it is time to increase weightage of gold in the portfolio. too early to make that call, but get a feeling that a case for the switch might not be too far off.
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