WHAT'S NEXT FOR GOLD?!
Updated
As you guys can see in my chart we are currently seeing an ABC pattern on the daily time frame. Okay, I do know and fully understand gold is pushing up currently and that is why 86-88 are key levels to break in order to turn this into Bullish and ride all the way back to the 1500s. Long term I'm thinking Bullish and Short term I see Bearish going back to the low 1470s.
Note
Gold rallied today towards 1485 but still hasn't broken the resistance at 1486-1487; bears still have some hope for a pullback.
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