gold, page-74963

Gold looking good but still trading the $1,700 - $1,725 range.
Do NOT be disappointed if it dips below $1,700 for a little while. All part of the game but it can be an emotional roller coaster ride.
Probably need to close above and hold above $1,725 before an assault on the breakout ($1,750).
The current move looks impressive because the trading range is tightening.

Audacious, you have nailed why I have been referring to POG being more relevant in AUD than USD,
In many respects, gold appears to be a currency hedge until it becomes a safe haven play.

The rate at which markets (XJO) are rising suggest resistance is going to be hit this or next week.
This is how planets align and I suspect gold will move north as markets begin to move south again.

Not sure what the catalyst will be. But there will be one.
Could be something stupid such as 200 deaths from bleach injections.
The Gilead trial is BS. This might come to light fairly quickly then euphoria slips into despondency.
A bunch of corporate or financial failures would do the job.

Hold tight. The move is coming.