The Gold Odyssey - Down and then Uppish
Gold recovered in recent weeks since November, but appears to have met resistance.
MACD and VolDiv are indicating a bullish technical backdrop, but the price action of the weekly candlesticks are indecisive in breaking out.
Expecting a retracement, and then a later bullish break out in Jan, or more likely in Feb 2023.
This one needs time to bake...
MACD and VolDiv are indicating a bullish technical backdrop, but the price action of the weekly candlesticks are indecisive in breaking out.
Expecting a retracement, and then a later bullish break out in Jan, or more likely in Feb 2023.
This one needs time to bake...
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