Shane (CEWA Level II, III in progress),
Bottom line: Gold will drop in price lower.
The broader context is showing weakness in the Bull market as price action has continued to move lower over the past few days. The general outlook for Gold is bearish with wave 5(Circle), while prices maintain lower than 2050.95.
Bottom line: Gold will drop in price lower.
The broader context is showing weakness in the Bull market as price action has continued to move lower over the past few days. The general outlook for Gold is bearish with wave 5(Circle), while prices maintain lower than 2050.95.