GOLD 0.51% $1,391.7 gold futures

Sure, it could correct. However, on the weeklies, gold looks...

  1. BH!
    2,521 Posts.
    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.

    Image and video hosting by TinyPic

    When gold gets a good run going, it tends to go up strongly for many months, with very few bad weeks.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.