Temporary bottom holds on gold, and today's bounce will be
retraced for a higher low and a move higher likely into the
end of the month. 2640 is a stop on Feb gold.
I expect a retest of this week's low next week and next month
for a move higher into 2700 at least. Alternatively, a higher low
has been established, and we are moving higher into 2750 from
here.
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Temporary bottom holds on gold,
Posted by junkie on 27th of Nov 2024 at 08:12 am
Temporary bottom holds on gold, and today's bounce will be retraced for a higher low and a move higher likely into the end of the month. 2640 is a stop on Feb gold.
I expect a retest of this week's low next week and next month for a move higher into 2700 at least. Alternatively, a higher low has been established, and we are moving higher into 2750 from here.