GOLD: Stalling at 1750 - One last dip before next leg up??
Gold has been trading between roughly 1670 and 1750 for 6-weeks.
My bias is that this is more a bull flag than a top
BUT It might need a drop through the bottom of the range to collect new buyers for next leg up
NOTE: It's the Fed meeting next Wednesday
My bias is that this is more a bull flag than a top
BUT It might need a drop through the bottom of the range to collect new buyers for next leg up
NOTE: It's the Fed meeting next Wednesday
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Market Analyst at WeTrade
wetradebroker.com/education/analysis/jasper/
Contributor to SpreadEx
spreadex.com/financials/news-analysis/weekly-technical-analysis/
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