gold, page-36279

With the current weekly close, more evidence are pilling up for the continue reversal of gold price. Price has now moved out of that trading range but heading into the post Brexit block . However if I flip the RSI(14), it is heading into OB ranges so is expected to meet some resistance from next week. If it breaks the top of the block then there is plenty of space to keep moving higher.

If I go back to this time last year, I also thought that top would break but markets have a habit of disappointing just when all the ducks were perceived to be lining up. Inflexion point coming up. Those who were not 'fence sitting' and 'know' where price is going, I hope you guys were loaded up to the eye balls from December low. You earn the right to gloat if that is what your objective is in capital markets.