We want more...downside!
After a few days of back and fill trading GC broke to the upside and squeezed the weak shorts. The pop was with good volume. We are still watching for more opportunity to the downside but we could chop around for a few weeks before seeing another leg down. Remember...the Dollar has broken out of a multi year consolidation and is expected to move significantly...this will put pressure on GC (gold).
To see more watch: youtu.be/CWncOt1XvFE
To see more watch: youtu.be/CWncOt1XvFE
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