This week has been realtively quiet for gold traders with a price confined to a narrow range between 2635 and 2655 in fact a side from a few brief spikes , the price remains largely unchanged from fridays close.
Looking ahead, this tight range is likely break in one direction or the other. As mentioned, the key levels to watch are 2655 and 2635 a breakout above or below these levels could provide clearer indicating of the next move.
For now, iam staying out of the market, awaiting fruther clarification but i maitain a Bullish Bais