370/372 is a very strong resistance level dating back to a December 1996 pivot.
I'm expecting gold to range between 350/370, with important support at 338.
Important notes:
-USD is in a downtrend and looks very weak;
-Allies are still looking for solid proof from Powell;
-Profit taking is due at these levels;
-Gold is in a bull market and funds have dipped their toes in the futures market two weeks ago en masse and thus they will most likely be buying the dips;
- War premium is touted to be ~$30
-Commodities and PM across the board remain strong.
370/372 is a very strong resistance level dating back to a...
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