Gold is still very interesting and even though i have some gold stocks, im more inclined to stay short and see if the red trend line breaks down in unison with a market rally, it may not happen but happy to let the stops do the work
Im thinking a double bottom possibility around the 801 although i think it might only get to 844 50% of last range IF gold is to break higher then previous high i would be interested around early july which again mirrors the 2007 breakout. If by chance gold was lower on the july date and close to the thick green trend line then it would be a great minimum risk long trade ?? I threw in a few speed angles just to share how easy gold has been to trade in recent times
