Sure, it could correct. However, on the weeklies, gold looks good for continuation. It's only mid-channel at the moment, so it could go sideways or back down to the bottom of the channel. However, it could equally make a launch towards the top of the channel.
When gold gets a good run going, it tends to go up strongly for many months, with very few bad weeks.
- Forums
- ASX - By Stock
- GOLD
- get ready for a correction
get ready for a correction, page-11
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)