gold takes out minor resistance at $1869.06 leaving target at $1895.31 and if that gets hit then the all time high could easily get taken out in this leg.
Gold is hugely overbought now so if we get a spike high here then that will more than likely be it for a while.
Gold indices overnight continue to crawl higher into multi year highs and slightly into overbought territory.
Silver continues to spike into massively overcooked technicals.
US Dollar is testing its March lows as it moves into oversold.
Looks like we are moving towards an inflection point.
We shall see.
- Forums
- Commodities
- GOLD
- gold
gold, page-81405
-
- There are more pages in this discussion • 47,318 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)