Gold pulled back to resistance at 1950. Now we wait until it breaks support at 1905 then we can pull the triger on this this trade.
Fundamentaly I am bearish on gold because for what ever reason the stock market is make new highs and usd is bullish right now. Short term view on usd is bullish, log term bearish. lets see how things shake out.
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Fundamentaly I am bearish on gold because for what ever reason the stock market is make new highs and usd is bullish right now. Short term view on usd is bullish, log term bearish. lets see how things shake out.