Weekly out look on GOLD
We recently validated and confirmed a bullish MB(x1). Overall we're bullish, on a bearish retracement to around 50% of the validated area(gray box to the left), which happens to line up perfectly where big money had their last major sell into buy that also lead to break new highs.
I believe that a distribution schematic 2 has just been confirmed with the break of the SOW(B) and creation of the real SOW.
With the overall bullish bias Im excepting the distribution to play into a bigger accumulation to continue the run higher
I believe that a distribution schematic 2 has just been confirmed with the break of the SOW(B) and creation of the real SOW.
With the overall bullish bias Im excepting the distribution to play into a bigger accumulation to continue the run higher
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