Gold- Next, new leg up?
Updated
After breaking above 1840-1850 resistance and reaching 1870 for the first time since the beginning of the year, Gold has started trading in a choppy and annoying manner.
I think things will clarify soon and bulls will take total control.
That being said, I expect a new leg up from the yellow metal, and 1950 resistance could be swing trader's target.
Gold under 1840 would delay this scenario
I think things will clarify soon and bulls will take total control.
That being said, I expect a new leg up from the yellow metal, and 1950 resistance could be swing trader's target.
Gold under 1840 would delay this scenario
Note
Gold broke consolidation.My trade +200 pips at this moment
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