Gold- I maintain my bullish bias
Updated
Yesterday, with US markets closed, Gold had a quiet day, trading in a tight range.
As I said yesterday, the support under 1820 is strong and I expect it to hold.
At the time of writing Gold is trading at 1824, just under short-term resistance. A break of this resistance would clarify things and open the door for more gains towards 1850.
A dive under last week's low negates this scenario
As I said yesterday, the support under 1820 is strong and I expect it to hold.
At the time of writing Gold is trading at 1824, just under short-term resistance. A break of this resistance would clarify things and open the door for more gains towards 1850.
A dive under last week's low negates this scenario
Trade closed: stop reached
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