Big drop in gold coming?
Diupdate
I believe gold may drop big if and when breaking these two trend lines.
Furthermore:
Furthermore:
- DXY has reversed at bottom trend line and will now start a new long bullish trend.
- US retail sales data was bad. Still DXY did not go down nor gold up.
- Gold has failed to reach the top of 1834 for days. It tried breaking 1828 like 7 times but failed. Managed to reach 1829 at one point.The bullish trend is over imo.
Catatan
Looking good.
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