Big question here is whether usa is in financial crisis mode still . if so gold could run. if dollar keeps rising and no financial crisis could send gold back down but unlikely
maybe notice 2009 breakout cycle same pattern plotted
notice the boxes . bulls needed by oct 7 or were heading down to neutral crappy trading . please show up bulls
either blue or black nothing else nothing more
im adding to my long with 4 hour breaks of 1345. then will watch major trend line on chart for continuation
would like to see open and closes above 61.8 fib level. also its in key demand area . Stop lose of 30 pips entry above 5660
see supply and demand areas previously spot on . whats next ?????
nice short move to demand area
We also have big prior retests of this support both times bulls showed up big. Be prepare to take long see previous support price action circled