Possible breach of upper trend line ?
Updated
If Gold Breaches upper trend line depicted with small red arrow, gold could go up to fresh new yearly highs and be in contention of going to a fresh historical high ? But if Gold is Reflected around the arena at 1776 from my upper trend line hard retrace is very much still alive here.
Note
When a stock or trade breaches upper bollinger band it usually is, where smart money sells off takes profit ?? That just what we are looking at right her right now!!Note
That is; Right here Right now!! correction of grammer;Note
Hard retest of recent lows $1749.5 is in the cards!!!Note
Gold is over bought needs cool off period running too hot!!Note
I feel gold is faltering some here pretty much exhausted at this point looking for some down-side travel .
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